Insurance expense does not go on the balance sheet because it reflects a specific amount you have spent, rather than an asset or liability at a particular moment in time.

Take note in case you want to change your perception, insurance companies. The article Looking at an Insurance Company's Balance Sheet originally appeared on Fool.com.

For example, merchandising companies and service companies share the same balance sheet format. However, there are some important differences in the types of accounts listed on each.

Through the Great Depression and the current recession, despite the Enron and Arthur Andersen meltdowns and a slew of legislation, the balance sheet – an indicator of a company’s health ...

The meeting of Commissioners of Insurance form eleven States, regarding the valuations upon which the reports of the companies of their respective States shall be made up, raises a question ...

Insurance coverage, though, is often consumed over several periods. In this case, the company's balance sheet may show corresponding charges recorded as expenses.

All you need to know about balance sheets, financial statements showing company assets, liabilities and stockholders’ equity.

An in-depth analysis of the balance sheet enables acquirers to make informed decisions, identify potential risks and ensure a fair valuation.

For example, a common-size balance sheet could reveal that one company's total assets are made up of 20% cash while another company's balance sheet is 25% cash.

Truist Financial (NYSE:TFC) turned in Q2 earnings that beat the average analyst estimate in a quarter when the company sold its insurance business, repositioned its balance sheet, and announced a ...

You can learn a lot about an insurance stock from the company’s financial statements. Finding, pricing, and managing the risks of the insured aren't all that insurance companies do. Insurance ...