What Does FAS 115 Mean?

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What does FAS 115 mean? Read on to discover the definition & meaning of the term FAS 115 - to help you better understand the language used in insurance policies.

FAS 115

FAS 115

Standards for evaluating assets. FAS 115 requires the inclusion of a significant amount of detail about a captive's investment portfolio in any audited annual report.

We hope the you have a better understanding of the meaning of FAS 115.

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