• Details
    • Service: Audit, Advisory, Accounting Advisory Services
    Industry: Financial Services, Insurance
    Type: Regulatory update
    Date: 18/01/2012

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     Elaine Hultzer

    Elaine Hultzer

    Partner - Audit, Financial Services

    +64 9 363 3228

    ehultzer@kpmg.co.nz

    Insurance

    We have a wealth of client experience and relationships with many of the major market players.
    New Zealand - Issues and insights - Articles & Publications

    New World for Insurance: Preparedness and readiness survey 

    The multiple challenges global insurers face today are well documented. We surveyed a number of insurers from around the world to see if future accounting changes (IASB and FASB draft comprehensive insurance contracts standards or “Phase II”) are still a priority to global insurers. Some of the results of the survey were striking, so here is a short summary.
    New world
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    This publication is part of our New World for Insurance series of publications which discusses and highlights important issues for insurers relating to the forthcoming financial reporting changes impacting the sector.

     

    While timetables for the IASB and FASB draft insurance contract standards have been delayed, this survey highlights that these changes are still top of mind for many global insurers.
     
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    KPMG’s Audit services helps make sense of the new and increasingly complex risks in today’s business world. We help organisations reflect these risks in their financial statements.

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