Archive

  • Eiopa to launch Solvency II XBRL tool in June

    26 February 2014

    Validation engine still under discussion

  • IASB decides effective date for IFRS 9

    25 February 2014

    Standard to be tentatively applied from 1 January 2018

  • FASB votes to curtail convergence with IASB

    25 February 2014

    Accounting board limits the scope of its project on insurance contracts

  • Aegon's credit rating survives €2.5bn accounting shift

    24 January 2014

    Accounting policy changes consistent with Solvency II

  • FASB/IASB inconsistencies pose risks to insurers

    12 December 2013

    Moody's warns of high implementation costs and poor understanding of new accounting standards

  • Adopting the new insurance IFRS

    20 November 2013

    There is enough clarity about the final form of the new accounting standard for insurance contracts for firms to begin their transition. Francesco Nagari outlines the tasks required - and warns of the heavy workload ahead

  • Costs to implement accounting standards soar

    25 October 2013

    Predicted budget to meet IFRS standards is now $25m-50m

  • MetLife, Manulife say accounting proposals bring "unwarranted volatility"

    24 October 2013

    US life firms respond to the IASB's third exposure draft

  • Regulation: a billion-dollar problem that needs a strategic solution

    06 September 2013

    The wave of post-crisis regulation has already cost insurers billions and the industry should act to avoid worsening the impact on the bottom line. Better coordination, scenario planning and implementation frameworks are needed, say Francesco Nagari and Seb Cohen

  • New UK accounting standard proposed for insurers

    02 August 2013

    Means rationalisation rather than new requirements, says FRC