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Harmonising Solvency II Reporting Requirements: the impact of CP58

Andrew Holland, Desire Lan & Francesco Nagari of Deloitte explore the impact of CP58 (Sept 2009).

IFRS as endorsed in the EU has emerged as the reference framework for the Solvency II balance sheet and disclosure. There is an opportunity for insurers to adopt an integrated approach to move beyond short-term IFRS conversion measures by implementing IFRS and Solvency II systems and processes concurrently.