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Responding to new market dynamics

Your industry faces increasingly complex regulatory issues — issues that challenge the way you manage your risk, operations and financial reporting.

Insurance companies come to Ernst & Young because they value our approach to meeting their assurance, tax*, transaction and advisory needs. We don’t just know the issues, we’ve analyzed what’s behind them to understand the impact they have on you — and the way you do business.

The Global Insurance Center makes this possible by bringing together people and ideas from across the world, to help your business address the issues of today — and tomorrow. We can help you manage risks and make the most of opportunities in emerging markets.

Our network of professionals provides broad experience to deliver seamless, consistent, high-quality services to insurers. So you can operate your business more effectively — and understand what’s ahead for your industry.

* In Japan, Ernst & Young Shinnihon Tax provides you with tax advice.

Recent Revisions to Insurance Business Law in Japan

With the purpose of strengthening the management foundation of insurers as well as to reinforce the proper protection of policy holders, the amendment of the Insurance Business Law of Japan was enacted on March 31, 2012 which aimed to make the current rules of group management imposed on insurers in Japan become more flexible...more detail

Consolidated Solvency Margin Ratio

As insurers expand its operation to diversify profit sources in light of the recent global financial crises and the sluggish Japanese financial market, it has become critical to recognize various risks related to insurers’ financial group taken as a whole... more detail

ERM Survey

As risks surrounding insurance companies have become diversified and complex, it is more important to develop Enterprise Risk Management ("ERM") as well as to maintain statutory-required own capital. ... more detail

New rule for calculation of Solvency Margin ratio

Financial Services Agency (FSA) has revised the standard for solvency margin ratio calculation stipulated in the Insurance Business Act that imposes stricter rules with an aim to respond to the changes in the financial markets and to improve financial conditions and risk management practices of the insurers in Japan.  The revised standard became effective at the end of March 2012. ...more detail

Insurance leaders meet in London: June 2012

We, along with Tapestry Networks, welcomed industry leaders to the European Insurance Governance Leadership Network (IGLN) meeting in London where executives discussed today’s changing regulations.

Responding to new market dynamics
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