Featured publications
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Fall 2008 NAIC meeting notes The National Association of Insurance Commissioners held their 2008 Fall National Meeting in Washington DC September 21-24. This newsletter contains information on activities that occurred in some of the committees, task forces and working groups that met there.
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| Turning risk into reward: Gearing up for a new world order in financial reporting, risk management, and capital management
The paper specifically addresses convergence toward an economic framework for evaluating solvency, reporting earnings, and measuring performance; the competitive impact of Solvency II; and, the complexities of IFRS Phase II.
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| Americas insurance digest, August 2008
This publication is dedicated to providing thought-provoking insights into some of the key strategic issues facing the insurance industry. The articles in this edition are as follows: Bermuda reinsurance market developments, Islamic insurance (takaful), contingent capital,recent developments in risk mitigation through reinsurance and capital markets, life settlements, corporate restructuring and re-domiciling, linking financial planning with strategic direction, global insurance and reinsurance tax developments, and fair value measurement.
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| Harvesting value while reducing costs: A rapid approach to organizational restructuring Financial services executives view access to key talent as a crucial source of competitive advantage. As CFOs carry out cost-cutting initiatives, they cannot afford to risk cutting the wrong people. Using a staged approach to cost reduction enables companies to build on quick wins and gradually create a culture of cost management. Value-based organizational restructuring, which quickly generates cost reductions without sacrificing valuable talent, can help fund subsequent reduction efforts, including sourcing, process reengineering, and technology automation, while optimizing the long-term value of the organization and its talent. |
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Does ERM matter? Enterprise risk management in the insurance industry 2008: A global study
Does ERM matter? updates our 2004 survey of ERM in the global insurance industry, measures the progress companies have made with ERM, and describes potential future challenges. The publication combines an in-depth survey of 53 insurers from Asia, Europe and North America with PricewaterhouseCoopers' insights into what makes an effective ERM framework.
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The gold standard and maturity framework: April 2008
A measurement of the self-insurance loss reserving process for corporate entities with property and casualty retained risks.
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Continuing developments in the taxation of insurance companies 2007: The year in review
The monograph provides both a general overview and detailed analysis of developments affecting the taxation of insurance companies in the US.
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European insurance digest, April 2008
The articles in this edition are: Smart cost management: Making every cent count, Tomorrow's workforce: Securing the talent to succeed, Three lines of defence: How to take the burden out of comliance, Gauging the risks and opportunities of the new international agreement on branch taxation, Ageing and insurance: The opportunities of an older Europe, Realising the potential: Entry and development in the Chinese insurance market.
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Accounting for M&A in the insurance sector: A practical guide to IFRS and US GAAP implications This publication is for those who wish to gain a broad understanding of the accounting for M&A in the insurance sector with IFRS and/or US GAAP reporting implications.
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Insurance reporting at the crossroads: What do analysts think? This survey provides valuable insights into analysts’ current thinking eg. insurance analysts are clearly calling for greater consistency and comparability of accounting presentations. Ultimately analysts want transparency and comparability and, although this is a challenge for companies and standard setters, there is scope for debate and consensus on the best way forward.
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The Gold Standard & Maturity Framework, September 2007 This paper provides an illustration of a best practices reserving process, and a description of a maturity framework to evaluate a company's process, identify areas of inefficiency, and to monitor progress over time.
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Get set for IFRS Insurance Phase II , September 2007 The planned changes, the business implications and what you should consider doing, including: systems upgrades would be necessary for all businesses; finance and actuarial department changes, cost synergies in implementing IFRS Phase II and Solvency II.
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Additional publications
- Guide to accounting for income taxes 2007
- 10 best practices for boards overseeing insurers, June 2007
- Phase II discussion paper, May 2007
- Seeing risk from the inside: The impact of IFRS 7 and revised IFRS 4 on insurers' financial reporting, May 2007
- ERM: No longer a nice-to-have, Spring 2007
- Insurance banana skins, 2007
- Countdown to solvency II, April 2007
- Bermuda market survey: Capitalizing on opportunity: A time of change, 2006
- Continuing developments in the taxation of insurance companies: 2006 The year in review
- Americas insurance digest archive
This publication is dedicated to providing thought-provoking insights into some of the key strategic issues facing the insurance industry in the Americas.
- Insurance tax bulletins
One page summaries of insurance tax developments affecting insurance companies and their products.
- NAIC meeting notes archive
This newsletter contains information on activities that occurred in some of the committees, task forces and working groups that met.
- Healthy choices: The changing role of the health insurer, October 2006
PricewaterhouseCoopers report has been developed examining the existing health insurance systems in various parts of the world. The report discusses their similarities and differences and the lessons that might be drawn from them.
- HealthCast 2020, 2005
In this groundbreaking report, HealthCast 2020, PricewaterhouseCoopers looks at solutions and responses from around the world to the globalization and industry wide convergence of healthcare. What insights, best practices and policy lessons can be learned from experiences in various countries to create a globally sustainable health system? The range of potential solutions that are emerging from health systems across the globe is depicted throughout the body of this report, which also considers the implications for payors.
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