Chapter 1 of US GAAP for Insurers

By Robert G. Frasca and Mark J. Freedman · Society of Actuaries · 2024 · ILA101-118-26

Chapter 1 of US GAAP for Insurers, third edition, edited by Robert G. Frasca and Mark J. Freedman and published by the Society of Actuaries in 2024. The SOA describes the book as a comprehensive analysis of US Generally Accepted Accounting Principles, whose third-edition scope expands to cover property and casualty insurance, designed to assist actuaries, accountants and other professionals who help prepare and review insurance company financial statements submitted in accordance with GAAP.

On the syllabus

Exam ILA-101 — Outcomes 4b; Chapter 1.

Contents unavailable The book is sold by the SOA and no copy is published online; no chapter titles for the third edition could be found, and the SOA supplies the chapter to candidates as a study note. This page records its citation and assignment from the syllabus.

Sources

SOA Exam ILA-101 syllabus, Nov 2026/Mar 2027/Jul 2027 — the citation ("Chapter 1 of US GAAP for Insurers, Freedman, M., and Frasca, R., 3rd Edition, 2024") and the assigned outcome (4b)
Actuarial Books (SOA) — the SOA's listing of US GAAP for Insurers, the third edition, Robert G. Frasca and Mark J. Freedman, Editors, 2024, and its description in the lead
SOA FSA exam book list, Nov 2026/Mar 2027/Jul 2027 — the edition, year and the e-book ISBN 978-0-9913363-7-1
SOA ILA 101 introductory study note, Nov 2026 — the study-note code ILA101-118-26