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  • Audit services | Industries | PwC Ireland | Insurance
    sector Real estate Retail and consumer Services for legal firms Technology Media centre Articles Press releases Publications RSS feeds Careers Experienced careers Student careers Executive search Ireland International PwC Sites Commonly visited PwC sites Global Australia Brazil Canada China Hong Kong France Germany India Italy Japan Mexico Middle East Netherlands Russia Singapore South Africa South Korea Spain Sweden Switzerland United Kingdom United States Complete list of PwC territory sites Audit services Specialised approach to the audit of life and non life insurance companies reinsurers and insurance brokers Focus on the key risks attached to the business Detailed planning stage designed to identify the key risks to which your insurance company may be exposed Analysis of the controls in place to address those risks Evaluation of the effectiveness of those controls Accounting advice to our audit and non audit insurance clients Specialist knowledge to aid clients to achieve goals across a wide range of activities including accounting and reporting IFRS statutory solvency reporting and applications regulatory and compliance solutions mergers and acquisitions actuarial related audit and consulting services and insurance tax related services Insurance Actuarial and Insurance Management Solutions Audit services Pension services Regulatory services Tax and legal Contacts Publications Contacts

    Original URL path: http://www.pwc.ie/insurance/audit.html (2016-02-18)
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  • Pension services | Industries | PwC Ireland | Insurance
    Sites Commonly visited PwC sites Global Australia Brazil Canada China Hong Kong France Germany India Italy Japan Mexico Middle East Netherlands Russia Singapore South Africa South Korea Spain Sweden Switzerland United Kingdom United States Complete list of PwC territory sites Pension services Audit and advisory services to over 250 schemes Dedicated pensions group across all regional offices Portfolio of schemes including statutory audits and accountant s reports Extensive knowledge of

    Original URL path: http://www.pwc.ie/insurance/pensions.html (2016-02-18)
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  • Regulatory services | Industries | PwC Ireland | Insurance
    East Netherlands Russia Singapore South Africa South Korea Spain Sweden Switzerland United Kingdom United States Complete list of PwC territory sites Regulatory services Detailed knowledge of the regulatory environment in Ireland Advice on implications of Solvency II for capital including assistance with quantitative impact studies Examinations of local and international regulatory issues using our global insurance network Advice on set up of life and non life insurers and reinsurers both

    Original URL path: http://www.pwc.ie/insurance/regulatory.html (2016-02-18)
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  • Tax and Legal services | Industries | PwC Ireland | Insurance
    sites Global Australia Brazil Canada China Hong Kong France Germany India Italy Japan Mexico Middle East Netherlands Russia Singapore South Africa South Korea Spain Sweden Switzerland United Kingdom United States Complete list of PwC territory sites Tax services Formulates effective strategies for optimising taxes implementing innovative tax planning and maintaining compliance Largest and most experienced group of tax professionals in Ireland Specialist knowledge in insurance tax Wide range of taxation

    Original URL path: http://www.pwc.ie/insurance/tax-and-legal.html (2016-02-18)
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  • Contacts | Industries | PwC Ireland | Insurance
    Pharmaceuticals and life sciences Public sector Real estate Retail and consumer Services for legal firms Technology Media centre Articles Press releases Publications RSS feeds Careers Experienced careers Student careers Executive search Ireland International PwC Sites Commonly visited PwC sites Global Australia Brazil Canada China Hong Kong France Germany India Italy Japan Mexico Middle East Netherlands Russia Singapore South Africa South Korea Spain Sweden Switzerland United Kingdom United States Complete list of PwC territory sites Contacts Assurance Ronan Doyle Partner Tel 353 1 792 6559 Email Paraic Joyce Partner Tel 353 1 792 6394 Email Brian Neilan Partner Tel 353 1 792 8537 Email John Loughlin Partner Tel 353 1 792 8551 Email Regulatory John McDonnell Partner Tel 353 1 792 8559 Email Tax services John O Leary Partner Tel 353 1 792 8659 Email Pat Wall Partner Tel 353 1 792 8602 Email Stephanie Keane Director Tel 353 1 792 8603 Email AIMS Ronan Mulligan Director Tel 353 1 792 7505 Email Tony O Riordan Actuarial director life Tel 353 1 792 7551 Email Pensions Munro O Dwyer Pensions solutions group Tel 353 1 792 8708 Email Insurance Actuarial and Insurance Management Solutions Audit services Pension services Regulatory services Tax

    Original URL path: http://www.pwc.ie/insurance/contacts.html (2016-02-18)
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  • Publications | Industries | PwC Ireland | Insurance
    which we published in January 2013 We now have clarity over what is expected under Pillar 3 following the publication of a second set of Implementing Technical Standards ITS and Guidelines for SII by EIOPA in July 2015 Therefore your business can now approach the final stretch to implement the full package Since 2013 the focus on what had been the forgotten pillar in many organisations has also greatly increased Along with the adequacy of reporting key considerations include how the Pillar 3 disclosures will influence the way your company is judged by the financial markets It s also important to look at how to turn investment in new risk and capital evaluation capabilities into a more informed basis for decision making drawing on the new and more detailed data made available by the implementation of Solvency II October 2015 BEPS impact on the Irish re insurance industry October 2015 Insurance 2020 beyond Reaping the dividends of cyber resilience Dealing with the opportunity for insurance of rising cyber attacks September 2015 Impact of Solvency II on financial reporting The introduction of Solvency II SII in 2016 will create choices for future financial reporting SII will significantly increase divergence between regulatory and accounting reporting bases While there is no requirement for insurers to change their accounting reporting basis once SII is effective the divergence between the bases will create practical challenges for insurers This includes the time needed to produce two sets of numbers communications with stakeholders to reconcile and explain differences between the bases and potential impacts on financial results where financial reporting diverges further from how capital is managed The attached publication outlines the implications of SII for financial reporting the possible alternatives available and the key considerations for those alternatives September 2015 Solvency II reporting timelines and deadlines Q4 2015 to Q3 2017 One of the biggest challenges now remaining for insurers under SII will be dealing with the full weight of Pillar 3 reporting as it is brought to bear over 2016 and 2017 Apart from the breadth of SII reporting requirements insurers will also have to complete some final reporting under the existing solvency regime In addition feedback is due shortly from the CBI on its consultation on the domestic actuarial regime CP92 which proposes additional reporting requirements for insurers With insurers subject to such fundamental change in their reporting the application of good governance is vital Our SII reporting timelines and deadlines document shows key reporting requirements over the period from quarter 4 2015 to quarter 3 2017 across Pillars 1 to 3 as well as CP92 proposed requirements and examples of governance good practice September 2015 IFRS 9 for insurers IFRS 9 has an effective date of 2018 so now is the time to begin preparing implementation plans How will these change insurers asset classifications and will there be an accounting mismatch which needs to be explained to the market IFRS 9 for insurers highlights the impact for insurers of the new IFRS and

    Original URL path: http://www.pwc.ie/insurance/publications.html (2016-02-18)
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  • How can we help? | Local government | PwC Ireland | Industries
    as the right behaviours in the way people work across the entire organisation To make the right decisions you need to gather the right information analyse it report on it and apply it across the business To really drive enhanced performance processes data systems and the organisation and behaviours of people must be working in unison Remove complexity We help our clients to remove complexity in their organisation through the simplification and standardisation of processes and technology This leads to more flexible and customer focused organisations that have stripped out duplicated and fragmented ways of working to focus on the aspects that create value for their customers They are also able to quickly respond to changes in the environment and to operate at lower cost Many organisations have evolved their current operating models over a period of time They ve arrived at a current way of organising by virtue of historical accident rather than organisational logic That means they have become highly complex and operate with fragmented and duplicated processes and with the sub optimal use of IT Improve efficiency We help our clients to align their support functions with organisational strategy improve operational effectiveness and reduce cost This includes developing the optimal delivery model streamlining and reorganising teams simplifying standardising and automating processes and systems selecting and optimising outsourcing relationships and developing an organisation s people and capabilities Support functions e g IT Finance HR Procurement Facilities Legal Customer Services are critical in ensuring that organisations realise value from their operations They frequently connect with customers suppliers and other stakeholders run core processes infrastructure and projects and each have a unique perspective of an organisation s performance In many cases support functions have fallen out of alignment with the organisation s wider strategic aims and are limiting an organisation

    Original URL path: http://www.pwc.ie/industries/local-government/how-can-we-help.html (2016-02-18)
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  • Change Management in Local Government | Local government | PwC Ireland | Industries
    amount of work left to do as the austerity programme continues to hit home Developing new and more efficient ways of working whilst managing the change this involves will become essential factors over the coming years as local authorities continue to adapt to the challenges the future holds Resistance to change is high but this is not unusual in comparison internationally Vision and leadership are key to helping staff understand the reasons for change and an aligned focussed and capable leadership team is fundamental to the success of any change programme Engaging with staff and unions at an early stage is essential It is important to remember that the best ideas often come from the people delivering services and staff at all levels should be involved in designing the future and driving change throughout an organisation so that they have a sense of ownership and an incentive to succeed Whilst the future for local government holds many challenges there is also a wealth of opportunities effective change management is the key to making the most of them Potential issues There are many barriers to change some involve people and some involve the processes needed to achieve your vision Your organisation may be encountering some of the challenges below You have more change initiatives than your organisation has the capacity to deliver Your organisation has a history of change initiatives that sit on the shelf Staff are reluctant to engage with change initiatives The need for change is clear but you are unsure how to map the key objectives and articulate the future vision Senior staff are focussed on operational rather than strategic change Your organisational structures are no longer fit for purpose How can we help Our team includes multi disciplinary specialists who have experience helping clients to manage a

    Original URL path: http://www.pwc.ie/industries/local-government/change-management-in-local-government.html (2016-02-18)
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