Skip to content

News

The New World for Insurance: Business perspectives on Phase II

    KPMG International’s newest thought leadership for insurance, The New World for Insurance: Business perspectives on Phase II, is based on discussions with key global insurance companies about the business issues for the insurance industry in transitioning to Phase II of the effort to move to a global insurance accounting standard. Phase II began with issuance of the latest IASB Exposure Draft and FASB Discussion Paper which were the products of joint deliberations by the Boards. All insurers are likely to be affected, whether they are transitioning to IFRS for the first time, adopting a new IFRS insurance standard, or potentially adopting revisions to US GAAP.

    Read More »The New World for Insurance: Business perspectives on Phase II

    Deloitte: Solvency II from a U.S. Perspective

      In the world of insurance regulation, pressure continues to mount for the United States to adopt global standards. As worldwide networks continue to grow and expand, cross-border transactions have increasingly become the standard for doing business. Even insurers who do all of their businesses in the U.S. are not immune as calls arise for modernization and harmonization of insurance regulations and standards across borders.Read More »Deloitte: Solvency II from a U.S. Perspective