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Financial reporting challenges for re/insurers Back  
Challenges faced by insurance and reinsurance companies operating in Ireland in relation to changes in financial reporting, corporate governance and compliance, will be top of the agenda at a forthcoming Ernst & Young and The Insurance Institute of Ireland & The Institute of Chartered Accountants in Ireland conference.

Speakers from companies such as AM Best Europe Ltd; Ernst & Young; Canada Life; Swiss Re; Hannover Re; Dublin International Insurance and Management Association (DIMA); Transamerica; Matheson Ormsby Prentice and Aviva will examine a wide range of topics including:

- Convergence of Irish GAAP with IFRS: even those companies not reporting under IFRS are now seeing wholesale changes in the way accounting and disclosure works - what are the key changes?
- How has IFRS changed the reporting of profits in the industry and where is it heading?
- How do rating agencies react to these changes and how do they assess insurance and reinsurance companies in the current environment?
- As the Financial Regulator expands its brief, what are the key regulatory and compliance pitfalls to avoid?
- Should we be worried about Solvency II?
- How much should a director know about his or her insurance company?
- Are the expectations of Non-executive directors realistic?
For full details see insert with this issue or: www.insurance-institute.ie/training/seminars.html.

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