Ernst &Young >Industries>insurance - Ernst & Young - Luxembourg

20 February 2012

The voice of the customer has changed. To help insurers determine how they must adapt to attract, deepen and preserve customer relationships, we surveyed 24,000 insurance customers across 7 global regions. Tap into our insights.

17 January 2012

European life and non-life insurers are faced with important strategic decisions. While volatility and deterioration in macroeconomic factors disrupt balance sheets, unfolding regulatory initiatives will continue to influence the industry. All the while consumer needs and expectations are changing. Discover how to counter today’s challenges with strategic solutions.

10 October 2011
While preliminary agreements are in place to further insulate Europe’s banks against the risk of disorderly default, there is a sense that these actions are only buying time. Against this uncertain backdrop, our Eurozone Forecast for financial services (pdf, 2mb)  examines economic forecasts for the region’s banking, asset management and insurance sectors.

Welcome to the September 2011 edition of The Luxembourg Financial Connection, our newsletter on regulatory, leading practice and market developments in the financial services industry from a Luxembourg perspective.

Does your risk management approach meet Solvency II requirements and your company’s needs? Many CEOs know what their goals are, but are unclear how to reach them. Learn more about effective risk management approaches for insurance companies.

Insurers face additional challenges around data, systems changes and the need to upgrade and speed up reporting processes to meet the requirements of Pillar III. Are you prepared? Inside, we identify the key issues, an implementation framework and critical success factors for addressing IFRS 4 Phase II alongside Solvency II.

Streamlined IT systems and effective data management are core components of Solvency II implementation. But with IFRS 4 Phase II as another regulatory initiative, data and system solutions will also need to factor in proposed international financial reporting standards. We offer guidance. 

21 May 2011
Solvency II’s implementation deadline is January 2013. By that time, insurers will have to make significant changes to their finance systems, restate their balance sheets and prepare for greater public disclosure of financial statements, modeling and capital calculations. Will you be ready?