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Insurance: meeting new expectations | May 2012: Boards discuss reinsurance accounting On 18 April 2012, the Boards re-deliberated on topics including issues relating to reinsurance accounting, amendments and modifications and commutations of insurance contracts. Learn more. Global insurance industry outlook for 2012 Looking for insights into the insurance markets in Europe, Canada and Asia-Pacific as well as the US life insurance and property/casualty sectors? As uncertainty over economic conditions continues to impact buyers of insurance products and services, insurers must consider strategic and flexible approaches. Find out how to manage your business in 2012. Asia-Pacific insurance outlook 2012 You can expect continued economic growth in the Asia-Pacific region in 2012. Yet, some countries, such as Japan, may have slower growth. However, concerns remain over the impact that global economic weakness, increasing domestic consumption, infrastructure investment and trade within Asia will have on continued growth. Read our predictions. European insurance outlook for 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. Solvency II and IFRS: are your data and systems up to speed? 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. Impact on insurers of the Dodd-Frank legislation With the act’s wide-reaching ramifications, it is critical that insurers remain engaged as the reform process moves forward and prepare for what may lie ahead |
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