Insurance
Equity Investment Purchase
Buying listed equities for the insurer's investment portfolio.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Investment Securities — Equities (FVTPL) | Asset (+) | 250,000.00 | - |
| Cash / Bank | Asset (-) | - | 250,000.00 |
💡 Accountant's Note
Equity investments are typically classified at FVTPL for insurers unless the insurer elects FVOCI. FVTPL means all fair value changes and dividends go through the income statement.
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