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Impact of a fair value financial reporting system on insurance companies : a survey

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      <subfield code="a">Impact of a fair value financial reporting system on insurance companies</subfield>
      <subfield code="b">: a survey</subfield>
      <subfield code="c">[by Gerry Dickinson and Patrick M. Liedtke]</subfield>
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      <subfield code="a">Neutrality of financial statements and consistency with internal accounting systems -- Aims of the research report -- Information sources -- Survey respondents -- Impact on corporate strategies and business models -- Impact on existing and future product offerings -- Impact on investment policies and asset allocation decisions -- Use of fair value for internal financial management and its potential impact -- Consistency with internal asset-liability risk management systems -- Estimated costs of converting to a fair value reporting system -- Impact on ability to provide earnings' forecasts -- Perceived impact on the cost of capital -- Views on subjectivity of the measurement of insurance liabilities (insurance contracts) -- Views on transparency of fair value measurement of insurance liabilitiese -- Perceived impact on the risk transfer role of the insurance industry in the economic system</subfield>
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