The IASB has revised the insurance contracts accounting standard to minimise mismatches in reinsurance accounting. This may be good news for primary firms and reinsurers, but other challenges remain, as Cintia Cheong reports
A CARE report is like an applied actuarial view of the ERM process, explain Andy White and Jeremy Waite who summarize the key features of a project on comprehensive actuarial risk evaluation undertaken by the IAA.