F12: Financial and regulatory reporting parallels with the banking industry and implications for capital managment

Document description

The banking industry has lobbied globally for pragmatic accounting and regulatory responses to the financial crisis.  How does this compare with the insurance industry and what can we learn?  This session will cover:

• high level summary of latest Basel III and accounting developments for banks, including resulting developments in capital management
• comparison with Solvency II and IFRS Phase II
• preparing for potential Solvency III and IFRS Phase III: lessons learnt from banking industry.