Scorekeeping in the 1990’s: Financial Issues of Multinational Insurance Organizations

Abstract

To identify the primary financial issues considered to be most important by the world’s leading multinational insurance organizations, we reviewed the 1990 annual statements of 29 of them. Companies from the U.S., Canada, U.K., Germany, France, Netherlands, Belgium, Italy, Switzerland, Japan and Australia were included. The companies were selected on the basis of their involvement in life and pension insurance markets, but most of them are also major participants in non-life insurance and other financial service markets. The annual reports covered a wide range of issues, but each organization chose particular issues and operating results to highlight. Comments to follow are limited to what can be readily determined from these public documents.