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SGV Alumni Newsletter 2013

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Volume I, Series 2013, December
Yolanda 2 issue
Volume I, Series 2013, November
Special Edition
Volume I, Series 2013, October
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Volume I, Series 2013, September Volume I, Series 2013, August Volume I, Series 2013, June
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Volume I, Series 2013, May Volume I, Series 2013, April Volume I, Series 2013, March
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Volume I, Series 2013, February Volume I, Series 2013, January

SGV Alumni Newsletter 2015 | SGV Alumni Newsletter 2014 | SGV Alumni Newsletter 2012 | SGV Alumni Newsletter 2011 | SGV Alumni Newsletter 2010

The SGV Financial Services Organization (FSO) Insurance sector held a webinar titled “Impact of COVID-19 on Insurance Companies” on 3 June. The session provided valuable insights on the financial effects of the pandemic on the insurance industry. Financial Services Organization Consulting (FSO Consulting) and Government and Public Sector Partner Christian Lauron moderated the session. Participants included finance, risk, and actuarial professionals from various insurance companies.  

Speakers at the FSO Insurance webinar

Strategy and Transactions Services Partner Marie Stephanie Tan-Hamed provided an overview of the local economic impact of the pandemic and discussed its effects on the financial services industry. FSO Senior Manager Redgienald Radam discussed the accounting considerations for financial instruments, including the classification, reclassification and impairment of financial assets under PAS 39 given the recent sharp decline in financial markets and the stressed economic environment, and the tainting rule applicable to held-to-maturity financial assets. He also explained the PFRS 9 requirements on business model assessment and the expected credit losses to consider in assessing the pandemic’s impact on insurers that adopted the standard prior to the pandemic. FSO Consulting Senior Manager Catherine Laigo discussed the impact of COVID-19 on financial and regulatory reporting, including the business area focus for insurance companies.

The webinar is the first among a series of webinars on the insurance industry conducted by the SGV FSO team. Those interested may contact Catherine R. Laigo at Catherine.R.Laigo@ph.ey.com or Mary Catherine M. Biliran at Mary.Catherine.M.Biliran@ph.ey.com. 

EVENTS / SEMINARS

TAX SEMINAR

Wednesday, 14 August 2019
Workshop on Preparation of Corporate Income Tax Returns (ITRs)

See other Seminars here »

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