Ernst & Young Monthly News March 2008
Publications
(PDF, English, 1.17 MB)
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.
(PDF, German, French, 718 kB)
Economic prospects and political priorities of mid-sized Swiss companies – data, facts and interpretations of a survey conducted in December 2007.
(HTML, English)
International GAAP® 2008 is the only globally focused work on IFRS, written by financial reporting experts from Ernst & Young's International Financial Reporting
Group. This new and essential volume of practical guidance and expert interpretation deals with every aspect of applying IFRS appropriately and effectively
and includes a new chapter on Extractive Industries (mining, oil & gas), the biggest industry sector in the world.
(PDF, English, 3.11 MB)
Now that the European Commission has endorsed the basic architecture for Solvency II, we believe it is important to briefly summarize the key principles
that are emerging. While the proposals are not final, they do offer a list of detailed topics that must be addressed in each of the pillars.
(PDF, English, 264 kB)
Fifteen major trends to deliver the most impact to the industry this year.
(PDF, English, 375 kB)
Looking at deferred tax liabilities, fair value and goodwill for property investors.
(PDF, English, 388 kB)
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.
(PDF, English, 262 kB)
Strengthening Internal Control Through More Effective and Efficient.
(PDF, English, 436 kB)
In January 2008, the International Accounting Standards Board (IASB or Board) issued revised standards, IFRS 3 Business Combinations (IFRS 3R) and
IAS 27 Consolidated and Separate Financial Statements (IAS 27R), that significantly change the accounting for business combinations and transactions
with non-controlling interests (minority interests).