Costs to implement accounting standards soar

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


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

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


FSB widens scope of proposed resolution regime

The Financial Stability Board's consultation on applying the key attributes of resolution regimes to non-banks implies an extension to the range of insurers under scrutiny, as well as to the powers available to supervisors, as InsuranceERM explains


Time to engage with recovery and resolution planning

The blueprints for recovery and resolution planning are still in development, but insurers of significance to both the global and domestic markets would do well to pay attention now, as David Strachan explains


New UK accounting standard proposed for insurers

Means rationalisation rather than new requirements, says FRC


Insurers face "biggest ever" financial reporting change

Third draft of international standard on insurer accounting released


Reporting is top concern in Solvency II preparation guidelines

Four consultants offer their thoughts on the most challenging aspects of the Solvency II preparation guidelines – and where insurers will be petitioning for change


Deloitte appoints US insurance head

Amoroso retires in June


Celent appoints insurance senior vice president

Jamie Macgregor takes over from Craig Weber