Global Body Proposes Rule to End Insurer “Black Box”
Posted by Emily Napier on August 1, 2010
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A global accounting standard setter proposed a new rule for insurers on Friday, aiming to shine a light on a sector criticized by investors for being a “black box” that keeps them in the dark. The International Accounting Standards Board (IASB), whose rules are used in over 100 countries including in the EU which is [...]