Broschüren – Ihre Auswahl
Folgende Publikationen entsprechen Ihrer Auswahl:
| ||Hedge accounting under IFRS 9|
On 19 November 2013 the International Accounting Standards Board (IASB) issued a new version of IFRS 9 Financial Instruments (Hedge Accounting and amendments to IFRS 9, IFRS 7 and IAS 39) (IFRS 9 (2013)), which primarily introduces the new hedge accounting requirements.
| ||Operative Exzellenz für Versicherer [nur auf Englisch]|
Der aufstrebende Verbrauchermarkt stellt eine enorme Wachstumschance für die Versicherungsbranche dar. In unserem Bericht geht es um die Frage, wie Chancen durch operative Exzellenz in Wirtschaftlichkeit verwandelt werden.
| ||IFRS 4 Phase II – Operational impacts [nur auf Englisch]|
The International Accounting Standards Board (IASB) issued their revised Exposure Draft (ED) for IFRS 4 Phase II on 20 June 2013, with the comment period concluding on 25 October 2013, which, if adopted, will replace IFRS 4 Insurance Contracts (IFRS 4).
| ||Taxing issue of IFRS 4 Phase II [nur auf Englisch]|
Now that the exposure draft for IFRS 4 Phase II has been published, insurance companies can get a better understanding of its implications and consider how they would need to adjust their insurance related balances. However, the impact on tax, both current and deferred, is more uncertain.
| ||Insurance analytics methodology [nur auf Englisch]|
In the last few years, a range of powerful market forces and competitive imperatives have driven insurers across the industry to embrace advanced analytics. There is broad consensus that carriers need to adopt and expand analytics programs to improve insight into the business and decision making in everything from product design, marketing and distribution to underwriting and claims.
| ||Schadenmanagement Umfrage 2013|
Wo stehen wir heute und was beschäftigt uns in der Zukunft? – Umfrage zu Effizienz und Trends in der Schadenabwicklung bei Schweizer Nicht-Leben-Versicherern
| ||IFRS Outlook – April–June 2013 [nur auf Deutsch]|
Regulators' concerns over impairment disclosures: how entities can improve their compliance with IAS 36 / IASB moving towards an improved IFRS framework / IFRS project update / Resources
| ||Global Insurance Outlook 2013 [nur auf Englisch]|
Our global insurance outlook explores many issues confronting global insurance organizations in 2013. In this report, we offer our perspective on the insurance markets in Asia-Pacific, Europe, Nordic, US life and property/casualty sectors and the newly added Latin American market.
| ||Insurance Accounting Alert – March 2012 [nur auf Englisch]|
During February, the International Accounting Standards Board and the Financial Accounting Standards Board each held meetings to re-deliberate tentative decisions in the IASB’s Exposure Draft, Insurance Contracts (ED) and in the FASB’s Discussion Paper Preliminary Views on Insurance Contracts (DP).
| ||European insurance outlook 2012 [nur auf Englisch]|
European life and non-life insurers face important strategic decisions in 2012. Volatility and deterioration in macroeconomic and political factors are disrupting balance sheets, consumers and investors. Unfolding regulatory initiatives will have a pervasive influence on insurer operations. A mature insurance market across much of the landscape continues to make growth difficult to achieve.
| ||Solvency II – Tax in Pillar 1 [nur auf Englisch]|
Insurers face many issues in interpreting the key principles of Solvency ll, and Pillar l deals with the quantitative aspects of the regime. Tax can constitute a major component in the Pillar l calculations in relation to both the capital availability and capital requirements.
| ||Discount rates: one size does not fit all [nur auf Englisch]|
In the second half of 2010, the IASB issued an Exposure Draft (ED) and the FASB issued a Discussion Paper (DP) containing proposals for a new recognition and measurement model for insurance contracts. Both the ED and DP require the use of current discount rates that are consistent with observable market prices for instruments whose characteristics reflect those of the insurance contract liability and exclude any factors not relevant to the insurance contract liability. Amount, currency, ...
| ||Time to mobilise – Pillar III and IFRS 4 [nur auf Englisch]|
As the new European regulatory framework under Solvency II marches closer, attention is increasingly focused on the public and regulatory reporting that will be required under Pillar III. Under the Solvency II framework, Pillar III will be the public and private reporting face of the technical provisions and capital requirements required under Pillar I and will provide the evidence of the own risk and solvency assessment (ORSA) and the insurers’ risk governance framework under Pillar II. ...
| ||Insurance accounting alert – June 2011 [nur auf Englisch]|
At a joint meeting on 31 May, the Financial Accounting Standards Board and the International Accounting Standards Board (the FASB and the IASB respectively, or collectively, the Boards) discussed several reinsurance topics. The Boards are committed to approaches to measurement and presentation for reinsurance that are broadly consistent with their decisions related to direct insurance. However, articulating the guidance applied to reinsurance contracts is proving diffi cult. The Exposure ...
| ||Insurance accounting alert – May 2011 [nur auf Englisch]|
On 27 April, the International Accounting Standards Board (IASB) and the Financial Accounting Standard Board (FASB), (collectively, the Boards), continued their discussions on a uniform, global insurance contracts standard. At this meeting, they focused on whether all insurance contracts should be measured using the building blocks approach or whether there should be a modifi ed approach for contracts that meet specific criteria. During this meeting, the Boards discussed the modified ...
| ||Supplement to Insurance accounting alert – April 2011 [nur auf Englisch]|
On 12 April, the International Accounting Standards Board and the Financial Accounting Standards Board of the United States (the IASB and the FASB, respectively, and collectively, the Boards) continued their discussions on a uniform, global insurance contracts standard. At this meeting, they focused on how to determine the discount rate for insurance liabilities using an asset-based top-down approach. In addition, the staffs published a document that summarises the decisions reached by the ...
| ||Continuing the debate|
A digest of the letters commenting on the IASB’s Exposure Draft Insurance Contracts
| ||Risk Convergence|
Systematische Harmonisierung von Governance, Risikomanagement und Kontrollfunktionen
| ||Financial Services – August 2009|
Positioning for success — redesigning the asset management model: In response to challenging market conditions, asset managers should examine their operating models with an eye toward meeting demands from regulators and investors, growing assets, increasing investment performance and managing risk.
| ||Insurance groups: securing the benefits|
Solvency II will provide well-prepared insurance groups with many diversification benefits including lower capital requirements. But these benefits depend on insurers’ decisions around structure and approach. We provide the latest on Solvency II and offer insurance executives insights to be better prepared for the change.
| ||IFRS 7 in the insurance industry [nur auf Englisch]|
EY has published "IFRS 7 in the insurance industry," which examines how IFRS 7 Financial Instruments has been applied in the insurance industry, highlighting challenges faced by insurance companies in applying the standard and drawing comparisons between them. The report is based on an analysis of the IFRS 7-specific disclosures in the annual financial statements of 16 of the largest insurers reporting under IFRS.
| ||Measuring operational risk|
Insurers often focus their attention on traditional areas of financial risk. While this is not surprising or unusual, Solvency II will require the global insurance industry to pay closer attention to the often “forgotten” area of operational risk. We identify the challenges – and assess the impact – of Solvency II OpRisk requirements.
| ||European embedded value results – 2008 year-end|
In last year’s report we gave our thoughts on where the industry was likely to move in terms of European embedded value (EEV) reporting development. The industry has recently fi nalised its own guidance on calculating market consistent embedded values (MCEV), releasing the CFO Forum Principles on MCEV in June 2008.
| ||QIS 4 – Shifting the focus from consultation to implementation|
Insurers that participate in Solvency II’s Quantitative Impact Studies (QIS) not only influence the debate, they get a valuable opportunity to assess their own level of preparedness. In this report, we bring you up to speed on key lessons learned from QIS 1, 2 and 3, and highlight the issues being addressed in QIS 4.
| ||Solvency II – Raising the bar|
Insurers that embed well-designed internal models into their risk management system can provide real-time, relevant information to drive business decisions and boost market leadership. Learn how to “raise the bar” and integrate Solvency II, using precedents set by Basel II and the Swiss Solvency Test.
| ||Grasping the reins of fundamental change – EY's comments on SII draft directive|
Solvency II will alter the ways insurers are supervised and should ultimately lead to a more efficient global insurance market. However, inconsistencies in the latest draft directive may lead to conflicting interpretations and arbitrary treatment of insurers. We explore the directive’s main components and offer our assessment.
| ||Strategic Business Risk – Insurance 2008|
Strategic risks arise from trends, conditions and uncertainties within global markets. This report explores the most significant business risks and challenges that the insurance industry will face over the next three to five years.
| ||Property/Casualty Industry 2008 Outlook|
In spite of another year of great earnings and strong balance sheets, the near future is likely to challenge the property/casualty insurance industry’s fundamentals. Many companies today are having difficulty achieving topline targets on a regular basis, with signals of margin compression around the corner. This is occurring in the face of relatively benign loss trends in both core and catastrophe lines.
| ||Life Insurance Industry 2008 Outlook|
EY identified seven issues for life insurance companies that are the focus of our 2008 Outlook: Retirement Income, Financial Events, Technology, Offshoring, Solvency II, International Financial Reporting Standards, Tax Issues and Implications
| ||Focused Innovation: Exploring the Property/Casualty Insurance Industry's Competing Objectives|
Embracing innovation requires a changing mind set that taps creative opportunities and focuses on moving the best ideas forward. This report explores the subject of innovation as it relates to the property / casualty insurance industry. It examines eleven sets of competing objectives categorized into three groups: broad strategic issues, structural issues pitting different segments of the industry against each other and operational issues.
| ||Taking Solvency II to the Next Level - Solvency II for Insurance Groups|
With Solvency II approaching, insurance groups need to take a hard look at their corporate structure and intra-group risk transfer arrangements. As capital markets place further pressure on groups to increase capital efficiency, companies need to redefine the way they manage risk, and re-evaluate existing policies and procedures. This report discusses the implications, benefits, risks, group requirements, and conceptual framework that will help insurers navigate through this complex process ...
| ||2006 Insurance Audit Committee Survey [nur auf Englisch]|
This new report from the Global Insurance Center shows that insurance audit committees are more risk-focused than those in other industries, with half spending at least 20% of their meeting agenda on risk issues. Respondents from the insurance industry identified their key concerns over risk, oversight issues, activities and effectiveness (pdf, 912kb), as well as what they believe to be the greatest challenges facing them.
| ||Good Insurance (International) Limited (fictitious insurance company) [nur auf Englisch]|
The 2006 International GAAP® Illustrative Financial Statements publications include the consolidated fictitious financial statements incorporating all IFRS in issue at 30 June 2006. The financial statements are cross referenced to the source authoritative literature and include explanatory notes, and they illustrate how IFRS accounts will be presented for the year ending 31 December 2006. Please note that the model accounts are illustrative and do not show all possible accounting and ...
| ||Life Insurance Industry 2007 Outlook [nur auf Englisch]|
The attached report on the Outlook for 2007 for the Life Insurance Industry was produced in conjunction with the Life Insurance Industry Executive Conference recently sponsored by the Global Insurance Center in New York. Written by Doug French, the Outlook covers the key issues commanding the attention of life company management, boards and investors.
| ||U.S. Property/Casualty Insurance Industry 2007 Outlook [nur auf Englisch]|
An outlook for the U.S. property/casualty insurance industry, issued by EY’s Global Insurance Center, points to five key issues that will shape the market in 2007: maintaining and managing profitability, shifting from growth to innovation, lingering post-2005 and 2006 catastrophe market issues, changes in the reinsurance market, and risk and control convergence.
| ||IFRS Insurance Reporting - Beyond Transition|
The implementation of IFRS has been a success around the world, but considerable work is still needed to improve the transparency and comparability of insurance company financial statements. For many, the 'black box' of insurance accounting remains. The attached report contains recommendations to improve this situation in the short to medium term.
| ||Solvency II Readiness & Beyond [nur auf Englisch]|
EY surveyed the top 100 insurance companies in Europe to obtain insight into the level of awareness regarding the Solvency II project. The Solvency II Readiness Survey revealed that over 80% of respondents have already started their Solvency II projects and over 60% see Solvency II as a means to improve risk managment. The report highlights key challenges respondents face and indentifies and explores other findings and major themes.
| ||IFRS Phase II Insurance Accounting [nur auf Englisch]|
The Global IFRS Insurance Working Group has issued a thought leadership paper comparing the principles that have been debated at the IASB with views that have been expressed by a group of European insurance industry representatives (the CFO Forum) and the International Association of Insurance Supervisors (IAIS). The paper notes that although there are many areas of consensus, there are some important areas of difference. It also contains a summary of some high level business implications ...