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Integrated Reporting: Towards a Global Adoption?

Integrated Reporting applies principles and concepts that are focused on bringing greater cohesion and efficiency to the reporting process, and adopting ‘integrated thinking’ as a way of breaking down internal silos and reducing duplication.The Framework has been tested and assessed during these past three years and significant ‘breakthroughs’ have been achieved. Our present paper, therefore, aims to illustrate the insurance industry trends and marks the end of the “Breakthrough Phase”.   

Our benchmark has been performed on a panel of 20 corporate reports published by insurers and reinsurers in 2016, with the objective to obtain a balanced representation of the market in terms of activities, typologies of the documents and geographical location. The panel of 20 reports is split into the same 3 categories as in 2015 (integrated reports, management reports that include CSR elements and strictly financial reports).

The aim of the study is to assess how the 2015 panel of companies pursued the shift towards integrated reporting, what improvements were made and which could be made in the future. Considering the relatively small size of our panel, the study does not aim to report the actual percentage of each practice but rather to identify trends and key features in reporting by current insurers and reinsurers.

Find out more about the Benchmark Study here.

Jean-Claude Pauly

Global Insurance Leader

Jean-Claude is Mazars global leader of the Insurance sector. He is a chartered accountant with more than 20 years experience in insurance. He is an accredited auditor in France and a licensed Expert Auditor in Switzerland. Jean-Claude has a significant experience in leading international audit assignments and is also a recognized expert in financial communication and regulations applicable to listed companies as well as international accounting rules (IFRS, US GAAP) and audit standards (IFAC, PCAOB). He currently leads several audit assignments for major international insurers or reinsurers and is acting as an advisor, dealing with complex operations, for the insurance industry. He holds a master degree in accounting and financial science and is a Member of the French Institute of Statutory Auditors (CNCC).

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