The Financial Conduct Authority has published interesting insights from its evaluation of larger #insurance companies’ approaches to monitoring outcomes in line with the #ConsumerDuty. The report outlines: ➡ #FCA expectations ➡ Good and poor practices ➡ Assesses how firms monitor their performance against the four Duty outcomes. Read more: https://lnkd.in/e8RtbU92
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Insurance is not only about price. We advise you to go via the links https://lnkd.in/d5W3UENZ https://lnkd.in/drxcx97F to the sections dealing with “International” and “Governance “, and especially the section about our solvency and compliance with IFRS17 where we believe we are alone in matching these international requirements. We are used by some of the world`s largest companies, so it is more than likely that we have encountered your problem for others. https://www.al-maseer.com #almaseer_insurance #corporategovernance #solvency
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The Financial Conduct Authority has published key findings from their review of larger insurance firms’ approaches to outcomes monitoring under the #consumerduty. The FCA advise the review findings represent a new expectation of firms and they have included examples of good and poor practice which may be useful for other sectors as firms finalise their first annual board report - https://pimfa.cc/ZnlUR #regulation #goodpractice #insurancefirms
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Changing regulations and increasing market pressures with growing concerns around governance, controls and modeling complexity are driving the need for insurers to adapt and evolve. Find out how WTW’s powerful, software solution helps companies calculate the best estimate liability under the scenario-based approach as established by Bermuda’s Economic Balance Sheet framework. #WTWBermuda #InsuranceIndustry #InsuranceInnovation #insurance https://ow.ly/Uoix50SauU7
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PwC UK ’s team is excited to publish their latest report comparing FY23 disclosures under #IFRS17, a standard bringing consistency to the global #Insurance industry, for its first year. It includes deep dives by market, a detailed comparison of company disclosures, and thoughts on consistency and next steps. Read the full report here: https://pwc.to/3wgZNS9 #FinanceTransformation #GlobalInsuranceFinanceTransformation
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Changing regulations and increasing market pressures with growing concerns around governance, controls and modeling complexity are driving the need for insurers to adapt and evolve. Find out how WTW’s powerful, software solution helps companies calculate the best estimate liability under the scenario-based approach as established by Bermuda’s Economic Balance Sheet framework. #WTWBermuda #InsuranceIndustry #InsuranceInnovation #insurance https://ow.ly/B02X50SauU9
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📢💡⏰ InsuranceERM is delighted to announce that its conference '𝗧𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗥𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗳𝗼𝗿 𝗜𝗻𝘀𝘂𝗿𝗲𝗿𝘀: 𝗜𝗙𝗥𝗦 𝟭𝟳 𝗮𝗻𝗱 𝗕𝗲𝘆𝗼𝗻𝗱', will return to London on 18 March 2024. Attend to explore the impact of IFRS 17 on insurers' fiscal year 2023, how investors and analysts have responded to the first year of reporting under IFRS 17 and engage in discussions on best practices for integrating sustainability-related disclosures into financial reporting. 𝗦𝗽𝗲𝗰𝗶𝗮𝗹 𝗼𝗳𝗳𝗲𝗿𝘀: 🔸 20% discount - book before 16 February. Plus: 🔸 40% discount for InsuranceERM subscribers 🔸 Favourable rates for Insurers and Regulators 📆 𝗗𝗮𝘁𝗲: 18 March 2024 🏬 𝗩𝗲𝗻𝘂𝗲: Grocers' Hall - London 💻 𝗪𝗲𝗯𝘀𝗶𝘁𝗲: https://lnkd.in/dbu3VZQJ #ifrs17 #insurance #risk #regulation #solvencyii #financialreporting
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Unlock the latest insights on the GCC insurance landscape as we examine the Q3 impact of IFRS 17 adoption. From steady progress to solvency challenges, our blog explores key trends prevalent in the region. 📊🔍 Stay informed, stay ahead. Read the full analysis here: https://lnkd.in/dPUsARi9 #GCCInsurance #FinancialReporting #RegulatoryChange #InsuranceIndustry #IFRSStandards #FinancialPerformance #Insights #BusinessAnalysis #InsuranceTrends #GCCMarket #LuxActuaries
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PwC UK’s team is excited to publish their latest report comparing FY23 disclosures under IFRS17, a standard bringing consistency to the global #Insurance industry, for its first year. It looks at the approaches of large UK life and general insurers. It includes deep dives by market, a detailed comparison of company disclosures, and thoughts on consistency and next steps. Read the full report here: https://pwc.to/3wgZNS9 #FinanceTransformation #GlobalInsuranceFinanceTransformation
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PwC UK ’s team is excited to publish their latest report comparing FY23 disclosures under IFRS17, a standard bringing consistency to the global #Insurance industry, for its first year. It looks at the approaches of large UK life and general insurers. It includes deep dives by market, a detailed comparison of company disclosures, and thoughts on consistency and next steps. Read the full report here: #FinanceTransformation #GlobalInsuranceFinanceTransformation
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According to PwC's US Deals 2024 outlook, the #insurance deals market remained active in the second half of 2023, contrast to other industries. Continue reading to learn why deal activity in this sector remains strong despite economic headwinds:
Insurance: US Deals 2024 outlook
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