GNAIE Launches Twitter to Promote International Discussion of Insurance Accounting and Solvency Standards

Sep 23, 2011, 14:37 ET from Group of North American Insurance Enterprises

NEW YORK, Sept. 23, 2011 /PRNewswire-USNewswire/ -- The Group of North American Insurance Enterprises (GNAIE), the only trade association that focuses exclusively on accounting and solvency issues, is launching Twitter to promote international discussion on the development of robust, high-quality standards on accounting and solvency for the insurance industry.

As global standards setters continue their efforts to develop standards during a period of rapid change in the industry, GNAIE representatives in Brussels, New York and meeting sites around the world will be sending out essential information via Twitter regularly.

To sign up for this free service, go the GNAIE Website

For users in the United States, simply send this message on your smart phone:

"Follow" to 40404.

For other countries, the link on the GNAIE website will assist.

Examples of earlier tweets include:

18 Sep   GNAIEnews GNAIE News Updates
Europe is facing the good, the bad and the ugly of 2008 once again

16 Sep   GNAIEnews GNAIE News Updates
Comments on the influence of liability volatility for non-life insurance…

15 Sep   GNAIEnews GNAIE News Updates
Bankers target 'anti-US' parts of Basel III - | Banks

GNAIE members include companies who are the largest global providers of insurance and substantial multi-national corporations.  All are major participants in the U.S. market.  

The goal of GNAIE is to influence international accounting standards to ensure that they result in high quality accounting and solvency standards for insurance companies and, to that end, to increase communication between insurers doing business in North American and the International Accounting Standards Board (IASB) and the United States Financial Accounting Standards Board (FASB).  GNAIE works to meet its goals through modeling of proposed accounting standards, analysis, comment, and coordination with various end users of financial reports.

SOURCE Group of North American Insurance Enterprises