8530 Nonlife Insurance

RSA Insurance Group Monitor

RSA Insurance Group Annual Report 2016
CR Monitor Issue: 
2017/1206
Company covered: 
RSA Insurance Group
Period End: 
31 December, 2016
Report issued on 12 December 2017 covered the following practice issues:
Restatement
Operating activities section of cash flow statement restated following a classification review.
Restatement
Segment reporting restated following introduction of new reporting segment.
Change
Financial instrument disclosures enhanced by introduction of table in respect of netting arrangements.
Change
Disposal of legacy insurance business explained in post balance sheet events note.
Restatement
Restatement of investments considered to be a structured entity following review of the definition.
Change
Capital management disclosures enhanced by inclusion of sensitivity analysis.

Admiral Group plc Monitor

Admiral Group plc Annual Report 2016
CR Monitor Issue: 
2017/1112
Company covered: 
Admiral Group plc
Period End: 
31 December, 2016
Report issued on 28 November 2017 covered the following practice issues:
Change
Post balance sheet change in discount rate taken into account in valuation of insurance liabilities.
Change
Presentation of a sensitivity analysis in respect of discount rate applied when valuing insurance liabilities.
Restatement
Restatement of cash flow statement following reclassification.
Change
Market risk identified as a new principal risk factor.
Change
Presentation of audit report enhanced by inclusion of audit approach summary and diagrams in respect of audit scope and materiality.
New
Additional performance measures discussion introduced.

Beazley plc Monitor

Beazley plc Annual Report 2016
CR Monitor Issue: 
2017/0506
Company covered: 
Beazley plc
Period End: 
31 December, 2016
Report issued on 9 May 2017 covered the following practice issues:
Change
Application of reverse acquisition accounting principles when establishing new holding company.
Change
Presentation of the auditors’ report enhanced by the introducing of an overview and graphical representations.
Change
Format of reconciliation showing relationship between tax expense and accounting profit altered.

MS Amlin plc Monitor

MS Amlin plc Annual Report 2015
CR Monitor Issue: 
2016/0512
Company covered: 
MS Amlin plc
Period End: 
31 December, 2015
Report issued on 31 May 2016 covered the following practice issues:
Change
Reporting segments restated following change in operating structure.
New
Non-operating gain of £11.6 million recognised on closure of defined benefit pension scheme.

Beazley plc Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2016/0313
Period End: 
30 June 2015
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
8536 Property & Casualty Insurance
Auditor: 
KPMG
Pronouncements
Movements in Level 3 fair value investments reconciled.
Change
Financial investments at fair value sub-divided into fixed and floating rate.
Change
Some investments classified as unconsolidated structured entities.
Change
Additional disclosure on Level 3 investments made.

Amlin plc Group Monitor

Amlin plc Group Annual Report 2014
CR Monitor Issue: 
2015/0801
Company covered: 
Amlin plc Group
Period End: 
31 December, 2014
Report issued on 03 August 2015 covered the following practice issues:
Change
FRC Lab reports cited as notes to the accounts divided into sections.
Change
Re-measurement gain on existing holding in business combination contributes 4.4% of profit before tax.
Change
Future impact of change in reporting structure on segmentation disclosed.

Münchener Rückversicherungs-Gesellschaft AG Monitor

Münchener Rückversicherungs-Gesellschaft AG Annual Report 2014
CR Monitor Issue: 
2015/0510
Company covered: 
Münchener Rückversicherungs-Gesellschaft AG
Period End: 
31 December 2014
Report issued on 22 May 2015 covered the following practice issues:
Divergence
Loss exposure to unconsolidated structured entities disclosed as "usually" equal to carrying amount.
Restatement
Some liabilities reclassified, with no impact on equity.
Change
Segmental reporting restructured to separate primary insurance and reinsurance.

Personal Group Holding Plc Monitor

Personal Group Holding Plc Annual Report 2014
CR Monitor Issue: 
2015/0508
Company covered: 
Personal Group Holding Plc
Period End: 
31 December, 2014
Report issued on 22 May 2015 covered the following practice issues:
Change
Initial probability of contingent consideration target being met quantified in acquisition.
Change
Introduction of chief information officer statement.

Capital management - Zurich Insurance Group

Period End: 
31 December 2013
Period End Date: 
2013-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
8532 Full Line Insurance
Auditor: 
PricewaterhouseCoopers

Capital management - Ping an Insurance

Period End: 
31 December 2013
Period End Date: 
2013-12-31
Listing Status: 
Listed
ICB Industry Classification: 
8532 Full Line Insurance
Auditor: 
PricewaterhouseCoopers