EdX

Financial Analysis of Insurance Companies – Industry Overview and Analysis of Financial and Regulatory Reporting (edX)

Financial Analysis of Insurance Companies – Industry Overview and Analysis of Financial and Regulatory Reporting (edX)

Take a deep dive into the operating practices, accounting methodology, and regulatory environment of the insurance industry. Want to gain a solid understanding of the unique analysis methods needed to assess the financial strength and operating performance of insurance companies in the US and Europe? We’ll begin this course with a look at the main lines of business and the current operating environment of the Life and Health sector of the industry.

Class Deals by MOOC List - Click here and see EdX's Active Discounts, Deals, and Promo Codes.

We will also discuss the impact of changes in interest rates on investment earnings and sales of annuity products. Next, we’ll turn our attention to the property and casualty sector and its main lines of business. We will then look at the trends in premium and investment income for this sector. Next, we’ll look at other sources of financial data and at the different accounting methods and standards that you will encounter when evaluating insurance companies.
Learners will also be introduced to the rules of SAP and how it differs from GAAP and IFRS accounting. We’ll also look at the mandate and organization of the U.S insurance regulators and the information that insurance companies are required to report each period in order to document their ongoing solvency. Next, we’ll examine the operating cycle of a typical insurance company starting with issuing a policy and ending with reporting financial results. We’ll also look at some key terms that you’ll need to understand and important issues that you’ll need to consider in your analysis.
We’ll wrap up this course with a deep dive into how investments are categorized according to risk, valued, and carried differently on the books of a Life versus a P&C insurance company. We’ll talk about some of the red flags you should look for in the mix of assets a company invests in and in the behavior of its asset managers (internal and external).
This course is part of the Financial Analysis of Insurance Companies Professional Certificate.

What you'll learn

  • Describe major industry trends and challenges
  • Explain the insurance industry's regulatory environment
  • Describe the operating cycle of an insurance company
  • Compare and contrast statutory and U.S. GAAP/IFRS accounting
  • Describe the impairment tests for invested assets
  • Differentiate between loss reserves, policy reserves, UPR and IBNR reserves

Syllabus

Modules we’ll include in this part of the course:
MO1: Life & Health (*Audit this module for free and upgrade to verified to unlock the remaining modules.)
MO2: Property and Casualty
MO3: Financial Reporting – Overview
MO4: Statutory vs. GAAP Comparisons
MO5: Regulatory Environment
MO6: Operating Cycle
MO7: Asset Valuation

Go to Class
MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

Related Courses

Data Analytics in Accounting and Finance (edX) EdX
The Hong Kong Polytechnic University,HKPolyUx

Data Analytics in Accounting and Finance (edX)

Understand key concepts in the data analytics process, along with the practical application of data sets in the accounting and finance context. This data analytics course takes an interdisciplinary approach to describe the data analytics process in the context of accounting and finance. The growing volume of both structured and unstructured data has pushed forward a more data-driven form of decision making in accounting and finance. To get along with the advancements, accountants and finance professionals need to have an analytics mindset to excel in their jobs.

Self Paced
Self-Paced
Introduction to Management Accounting (edX) EdX
ACCA

Introduction to Management Accounting (edX)

Start learning at your own pace to get a qualification and a career in business and finance, with this introduction level course from ACCA-X. Interested in a career in business? Knowledge of accounting will be key to your success. Have you ever wondered what systems and processes might be in place for management to make certain financial decisions? Intrigued to know? Complete this course and learn about the important role of management information.

Self Paced
Self-Paced
Accounting Analysis I: Measurement and Disclosure of Assets (Coursera) Coursera
University of Illinois at Urbana-Champaign

Accounting Analysis I: Measurement and Disclosure of Assets (Coursera)

In this course, we will begin our review of key asset categories underlying the Balance Sheet concepts that were introduced in the previous course. We will begin our trek down the Balance Sheet by reviewing cash and receivables, which are normally the two assets listed first. We will continue our trek down the Balance Sheet by looking at inventory and long-Lived Assets, which are normally two of the largest asset values. We will review the measurement and reporting issues involving Inventories and the corresponding cost of goods sold expense in the Income Statement.

Sep 28th 2026
5-12 Weeks
Beyond the Financials: Insights, Analysis and Valuations (Coursera) Coursera
University of Illinois at Urbana-Champaign

Beyond the Financials: Insights, Analysis and Valuations (Coursera)

The objective of this course is to provide you with the knowledge and skills necessary to analyze, interpret, understand and use financial information to make informed decisions. We will discuss financial reporting from a user’s perspective, use a variety of tools to break apart financial reports into meaningful units for analysis, forecast financial statements, and value a firm. This course is intended to give you exposure to the issues facing users of financial statements. You will better understand your role in the financial reporting process if you know how the financial statements will ultimately be used.

Sep 28th 2026
5-12 Weeks
Programación y políticas financieras, Parte 2: Diseño de programas (FPP.2x) (edX) EdX
International Monetary Fund - IMF,IMFx

Programación y políticas financieras, Parte 2: Diseño de programas (FPP.2x) (edX)

Aprenda a realizar pronósticos de cuentas macroeconómicas y a diseñar un programa económico para un estudio de caso de país. Con este curso de macroeconomía mejorará sus aptitudes para analizar políticas macroeconómicas y aprenderá a diseñar un programa económico y financiero utilizando datos económicos reales. El ejercicio de programación financiera simula tareas que los economistas del Fondo Monetario Internacional (FMI) encargados de los distintos países llevan a cabo cotidianamente en su labor de supervisión y elaboración de programas de países.

Self Paced
Self-Paced
National Accounts Statistics (edX) EdX
International Monetary Fund - IMF,IMFx

National Accounts Statistics (edX)

Learn how to compile and disseminate national accounts statistics. This course, presented by the IMF's Statistics Department, teaches you how to compile timely, high quality national accounts statistics based on the system of national accounts (SNA) framework. The course introduces the sequence of national accounts, the accounting rules, and the key macroeconomic indicators in the SNA framework.

Self Paced
Self-Paced
Building stakeholder value (edX) EdX
University of Cambridge

Building stakeholder value (edX)

Sustainable businesses need to earn consistent and predictable profits. Find out what terms like ‘internal rate of return’, ‘discounted cash flow’ and DCF analysis actually mean in practice and how you can use them to the advantage of the business. Through this five week course you will not only learn key financial concepts, but how to apply them to a business to improve its financial outlook.

Self Paced
Self-Paced