Impact of a Fair Value Financial Reporting System on Insurance Companies: A Survey

This paper is based on a research report prepared for the Accountancy Task Force of The Geneva Association. It is a sequel to an earlier report: ‘‘The Search for an International Accounting Standard for Insurance’’. It is hoped that the findings of the research investigation, based on survey results, will be of value to policymakers, users of financial statements, regulators, and the IASB itself, and help to ensure that any new international financial reporting standards for insurers that eventually emerge are economically sound and feasible.