Financial services groups with a US presence will need to review the impact of the US reform on their financial reporting and operations. Learn more.
US tax reform: key provisions and their impacts
APAC Insurance CRO survey 2017-2018
Claims in a digital era
Impacts of IFRS 17 insurance contracts accounting standard
Insurance Agenda: Issue 3, 2017
Financial Services Briefing
Four tax considerations to heed before launching an ICO
IFRS 9 for insurers: developing business capabilities
2017 Digital Underwriting Survey
Global insurance: vast potential
The global insurance market is remarkably strong, despite continued fallout from the financial crisis. Low interest rates coupled with relatively poor investment returns have impeded growth, but demand for insurance products and services remains high.
We keep you prepared by providing insights into the nuances of your market, as well as global trends putting pressure on the industry.
Stay nimble amid risk and regulation
Waves of global legislation continue to pressure management and absorb precious resources. Combined with the need to innovate in a highly competitive environment, this is causing some insurers to withdraw from long-standing core markets and product lines.
However, insurers are adapting by leveraging technology and developing operating models that are compliant with Solvency II. New business architectures will enable insurers to release better products more quickly and cheaply.
Gain market insight
The balance of power is shifting toward the customer, and distribution models are rapidly evolving. Emerging markets in Latin America, Asia, Africa and Eastern Europe are future battlegrounds that offer big prizes – but only if insurers can get it right.
Success will be achieved with patience, long-term investment and genuine understanding of local dynamics.
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Learn about the changing dynamics in the outlook of the risk function and how the CRO role is evolving.
A rising number of InsurTechs are offering digital claims processing. Insurance companies need to look beyond mere cost savings and seek a data-driven customer experience.
This paper makes the case for why insurers need to understand the new data, systems and process challenges before committing to a demanding implementation journey.
These new standards will trigger fundamental changes in the way in which insurance companies will generate and report on their financials, both internally and externally.
Designed for the Oceania Insurance community, this regular publication features the latest in insurance thought leadership produced by EY.