IFRS and Solvency II update

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By Henny Verheugen, William C. Hines | 01 September 2009
The methods and ideas underpinning IFRS and Solvency II are converging. This should ultimately assure the consistency of IFRS, which emerged from a need of periodic reporting, and Solvency II, with functional roots derived from the need for solvency protection and capital efficiency. This document combines periodic updates on IFRS and Solvency II.