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Insurers operate in an environment of rapidly increasing regulatory demands even as ongoing low interest rates put pressure on available resources. Compliance spending is required, but can it also be a performance driver? Learn about the increasing importance of compliance and its changing role in driving value in today’s competitive and demanding insurance market.
On June 10, the National Association of Insurance Commissioners (NAIC) adopted a recommendation that will activate principle-based reserving (PBR) starting January 1, 2017. PBR is designed to maintain strong solvency oversight by regulators while helping ensure that companies will fulfill obligations to policyholders. What areas should be considered? Learn about the potential impacts of PBR on the insurance industry.
As insurance company tax departments plan ahead for 2017, the outcome of the 2016 election and resulting tax legislation and regulation loom large. What are potential impacts tax departments should consider? Get ahead of potential tax legislative and regulatory changes, as well as emerging reporting requirements, that could impact insurers after the current election cycle.
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