Accounting Standards Update (ASU) 2018-12, Targeted Improvements to Accounting for Long-Duration Contracts, requires the recognition of a new liability, an explicit Market Risk Benefit (MRB). Certain market-based options or guarantees associated with deposit (or account balance) contracts share common risk characteristics that expose an insurance company to capital market risk. There are currently two different models to measure this risk: a fair value model and an insurance accrual model. The ASU requires an insurance company to measure all market risk benefits associated with deposit contracts at fair value. The portion of any change in fair value attributable to a change in the instrument specific credit risk must be recognized in Other Comprehensive Income (OCI).