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Insurance CFOs Expect Global Standards: Tillinghast

NU Online News Service, Aug. 11, 10:40 a.m. EDT–Most chief financial officers of North American insurers think the U.S. and Canada eventually will embrace an international accounting standard for insurance firms.[@@]

In a survey by the Tillinghast business of Towers Perrin, Stamford, Conn., 81 percent of CFOs said they think that the U.S. and Canada will join Europe in adopting a common accounting standard for insurance within the next 10 years.

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