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South Korea insurers prepare to face new accounting and solvency rules

Recurso electrónico / Electronic resource
Registro MARC
Tag12Valor
LDR  00000cam a22000004b 4500
001  MAP20190025492
003  MAP
005  20190902121835.0
008  150407s2019 usa|||| ||| ||eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎219
24500‎$a‎South Korea insurers prepare to face new accounting and solvency rules
260  ‎$a‎Oldwick‎$b‎A.M. Best Company, Inc.‎$c‎2019
4900 ‎$a‎Best's special report
520  ‎$a‎South Korean non-life unsurers are beter positioned than their counterparts to weather the impact of adopting the International Financial Reporting Standards 17 (IFRS 17) accounting standard and K-Insurance Capital Standard (K-ICS) solvency regime by 2022. The simultaneous implementation of the two frameworks is likely to take a heavy operational toll on the market, while insurers also face a pressing need to revamp business strategies -companies will need to restructure product mixes and investment portfolios, as well as raise capital under the new accounting and solvency regimes.
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 4‎$0‎MAPA20080552701‎$a‎Solvencia
650 4‎$0‎MAPA20170005810‎$a‎IFRS 17
651 1‎$0‎MAPA20120018334‎$a‎Corea del Sur
7102 ‎$0‎MAPA20080441371‎$a‎A.M. Best Company
830 0‎$0‎MAPA20090030251‎$a‎Best's special report