The July issue of Best’s Review looks at the latest developments in the insurance accounting sector:

• “Insurers See Changes in Accounting Sector, Costly New Standards” highlights various mergers, acquisitions, investments and new regulatory requirements changing the face of the public accounting sector.
• “Leading AI Platforms Respond to Question About Insurance Accounting” features takes from three artificial intelligence large language models on key insurance accounting issues, including the implementation of IFRS 17 and cybersecurity risks.

Also included:

• “Athene CEO: Solutions Needed To Help People Live Well in Retirement” features an interview with Jim Belardi, co-founder and CEO of Athene Holding Ltd., about the company and life/health industry.
• “Strategic Investment Amid Higher Interest Rates” examines the current investment outlook and reviews the key factors shaping today’s insurance investment environment.
• “AM Best: Social Inflation Remains a Thorn in the Side of Casualty Insurers” dives into how cultural attitudes toward corporations and the erosion of tort reform in several states are driving social inflation.

Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. Access to the complete content of Best’s Review is available here.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

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