Separate Account Business Liabilities

Separate Account Business (SAB) liabilities refer to the financial obligations of an insurance company that arise from the investments it manages for separate account clients. Separate accounts are a type of investment account offered by insurance companies that allows clients to invest in a specific portfolio of assets, which they usually select themselves, and whose results are separate from the insurer's general account.

The SAB liabilities therefore represent the insurance company's fiduciary responsibility to its separate account clients, and typically include any outstanding obligations, such as investment losses or obligations to make payments, associated with managing the assets in those accounts. SAB liabilities are usually disclosed in an insurance company's financial statements and can be an important indicator of the insurer's overall financial health and ability to meet its obligations to policyholders.

Additional Details

Metric Name	Type	Default Period Type
separate_account_business_liabilities	fin_statement	FY

Formatting Details

Data Format	Display Format	Unit
float	financial	usd