Insurance companies: waking up to international standards
Nigel Masters
(Nigel Masters is partner, Actuarial Insurance Management Services, with PricewaterhouseCoopers. Eric Dupont is partner, Insurance Audit and Business Advisory Services, with PricewaterhouseCoopers.)
Eric Dupont
(Nigel Masters is partner, Actuarial Insurance Management Services, with PricewaterhouseCoopers. Eric Dupont is partner, Insurance Audit and Business Advisory Services, with PricewaterhouseCoopers.)
5973
Abstract
International Accounting Standards are steadily becoming the norm. The European Union agreement that all listed companies in Europe must comply by the year 2005 has hastened the process further. This brings particular challenges for all organisations in the financial services world but for insurance companies in particular. The authors assess what changes will be required in insurance company reporting and lay particular stress on risk management.
Keywords
Citation
Masters, N. and Dupont, E. (2002), "Insurance companies: waking up to international standards", Balance Sheet, Vol. 10 No. 3, pp. 35-38. https://doi.org/10.1108/09657960210440818
Publisher
:MCB UP Ltd
Copyright © 2002, MCB UP Limited