TITLE

News - Japan: Life insurers voice views on proposed global accounting rules

PUB. DATE
January 2011
SOURCE
Asia Insurance Review;Jan2011, p55
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article informs that according to the Life Insurance Association of Japan (LIAJ), proposed global accounting rules may sharply erode net profits at insurance companies. LIAJ says that the proposed international rules require mark-to-market accounting which may cause fluctuating liabilities and could led to less net profits at insurance companies.
ACCESSION #
67503333

 

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