Insurers today must grapple with a multitude of stresses and complexities — the effects of financial market movements, the potential threat of terrorist attacks, ever-increasing health-care costs, imbalanced medical-liability pain-and-suffering tort awards, the potential of a severe catastrophe loss, and the continued substantial losses stemming from asbestos and environmental tort claims, to name but a few. Add to this list the recent intense legal scrutiny stemming from investigations by the New York State Attorney General’s office, which has reignited the debate of federal vs. state regulation of insurance.
In turbulent conditions such as these, specialized, timely business advice from skilled professionals has never been more crucial — or hard to find.
As one of the leading auditors of insurance companies in the US, PwC has extensive knowledge of the issues, trends and challenges that insurers face every day. Our integrated approach to problem-solving draws upon an international network of insurance accounting, tax and business advisory professionals who can quickly organize to form highly qualified teams that can respond to your many business needs.
PwC’s seasoned US insurance specialists will work with your organization to help you manage risk, improve performance and achieve your goals across a complete range of activities, including: GAAP and SEC accounting and reporting, statutory accounting principles and applications, regulatory and compliance solutions, mergers & acquisitions, IFRS, actuarial-related audit and consulting services, and insurance tax-related services.
