Insurance Agenda 2013
Welcome to the February edition of
Many insurers take great pride in being highly entrepreneurial and able to respond quickly to emerging opportunities, resulting in growth. However, regardless of the strategy pursued, the experience of many is that growth adds cost and complexity without achieving the desired back-office cost synergies and economies of scale. Our first article, Investing in the finance function as a prerequisite for achieving growth,examines what successful finance functions insurers could explore, how you can implement these and what outcomes you can expect post implementation.
We included our Breaking Tax Alert on FATCA in our last edition of Insurance Agenda and have since completed additional analysis on the Impact of FATCA on the insurance industry.This article outlines key requirements specific for insurance companies. Our global FATCA leadership team also conducted a webcast (1.5hrs) on 13 February to discuss these key issues in further detail. Click here to watch this recorded webcast. To keep to date with FATCA developments, please visit our dedicated FATCA microsite.
We hope that you find the articles insightful and thought provoking. Please feel free to request a copy of any of these publications and, as always, we welcome your feedback.
We wish you good fortune and good health in the Year of the Snake!
| Paul Clark |
Asia Pacific Sector Leader, Insurance
+61 2 8295 6967