Wed Sep 8, 2010
    ABL GH¢ 0.12     AGA GH¢ 34.00     ALW GH¢ 0.29 0.05     AYRTN GH¢ 0.16     BOPP GH¢ 0.78     CAL GH¢ 0.28 0.009     CFAO GH¢ 0.03     CLYD GH¢ 0.07     CMLT GH¢ 0.16     CPC GH¢ 0.02     EBG GH¢ 3.00     EIC GH¢ 1.60     ETI GH¢ 0.15     FML GH¢ 8.60     GCB GH¢ 1.85     GGBL GH¢ 1.56     GOIL GH¢ 0.28     GSR GH¢ 3.62     GWEB GH¢ 0.05     HFC GH¢ 0.52     MLC GH¢ 0.17     PKL GH¢ 0.07     PBC GH¢ 0.17     PZ GH¢ 1.10     SCB GH¢ 43.15     SIC GH¢ 0.37 0.01     SPL GH¢ 0.05     ACI GH¢ 0.08     SG-SSB GH¢ 0.69     SWL GH¢ 0.02     TBL GH¢ 1.33     TOTAL GH¢ 8.51     TRANSOL GH¢ 0.07     UNIL GH¢ 5.00     AADS GH¢ 0.40     SCB PREF GH¢ 0.52     UT GH¢ 0.25 0.01
Business News
Print | Send to a Friend

Wed, Jan 28th, 2009
Insurers Aim At Achieving New Financial Reporting Standards

 

The new international financial reporting standards have gone down well with insurers globally according to a study released by PriceWaterHouseCoopers on Tuesday.

A key study of 2007 annual reports of 25 large insurers prepared according to international financial reporting standards including Liberty and Old Mutual, considered a numbered of amendments such as financial instrument disclosures (IFRS&), sensitivity analysis and analysis of risk relating to insurance-related assets and liabilities (IFRS4).

However, few companies are going beyond the minimum to provide new insights into how their exposures are managed or how risk forms part of the rationale for their strategic decisions.

Hence, in the light of global volatility and uncertainty, stakeholders may put significant pressure on insurers to meet growing demand for greater transparency.

Bedrock Venture Capital Finance Company

 

 

User Name

Password