Reinsurance, also known as the “ insurers’ insurance ”, plays a key role in the global market economy today. Several factors, such as the strengthening of capital requirements, the increasing level of significant NAT CAT events or the need for optimal coverage is increasing the need for reinsurance.
The new standard IFRS 9 on financial instruments has been effective starting 1st January 2018 for most entities but insurance groups have the possibility to defer its application to 2021, the year when the new standard IFRS 17 on insurance contracts will enter into force.
Bringing you solutions in the face of new challenges brought on by ecommerce. Explore themes such as ethics & compliance, digitization & technology, and logistics & footprint on our new ecommerce microsite.
The new IFRS 15 on revenue recognition came into effect on 1 January 2018. It replaces IAS 11 on construction contracts and IAS 18 on the sale of goods and rendering of services, and all the associated interpretations.
Mazars automotive expert community, together with the industry experts from IHS, are pleased to present the 2018 global study on sustainable mobility.
At the end of February 2018, all the major European banks published information on the impact of the implementation of the new standard IFRS 9. IFRS 9 introduces numerous changes (classification, impairment, hedging, etc.). Their impacts at the transition date vary widely from one bank to another. They are negative in most cases, but for some banks are virtually nil or even positive. The indicators used are also variable: though the impact on the CET1 ratio is a firm common indicator, the level of further detail reported varies significantly from one institution to another.
In partnership with the Economist Intelligence Unit, Mazars has developed a unique programme of thought leadership to examine the current challenges the Financial Services industry is facing. The series of articles focuses on the current transformation of the financial services industry and its likely shape in the future from three different but related perspectives: technological, regulatory and business model transformation.
Mazars recently launched the 2017 US Water Industry Outlook - the fourth edition. We are pleased to continue contributing to the ongoing water debate and providing education surrounding this field.
2016 proved to be another sensational year for the global e-commerce industry, with an estimated $2,671 billion in online sales. E-commerce undeniably opens the door to a wealth of competitive advantages and opportunities, but what are the RISKS involved and how are companies managing them?
Mazars Group is pleased to present you with ‘Supplier of the Fittest: How to manage significant increases in production effectively’, our new global publication in the Aerospace & Defense industry.