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Swiss re study points to capital volatility after IFRS

The latest Swiss Re sigma study, “The impact of International Financial Reporting Standards on the insurance industry”, has found that while new accounting standards will increase transparency, they may also bring higher earnings and capital volatility.

From the beginning of 2005, all listed insurers in the European Union will be required to comply with IFRS.

The report explained how currently, insurers operating internationally are confronted with

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