Economic capital also set to occupy CROs, E&Y survey finds
Solvency capital requirements could be cut by 25% or more if the tax element is treated appropriately, according to Gordon Gray
Lack of clarity and too complicated, say survey respondents
Global insurance accounting standard unlikely before 2016, says Swiss Re
General insurers spending an average 1% of GWP, says RPC
Will be at "competitive disadvantage" if they don't, says KPMG
Could mean standards won't be in force until 2016
Solvency II and new IASB accounting rules for insurers have similarities, but an awkward gap between their implementation dates looks likely to give rise to operational difficulties and additional costs, says Kevin Griffith
Full impact of US law unclear yet but it will bring reporting and withholding tax burdens
Half of survey respondents want US to adopt IFRS