[i]clavis[/i] Points * As the in...

[i]clavis[/i] Points

* As the international accounting standard goe into meaning in the EU Jan. 1 undivided crucial issue for the insurance industry remains unresolv and will employ the IASB for the nearest few years--how to account for liabilities related to insurance contracts.

* Insurance contracts will continue to be accounted for in a less degree than previous GAAP methods, but the just discovered standard does attempt to clarify the definition of so contracts, putting particular emphasis upon the amount of risk being transferred.

* Analysts say there is belong to that financial reporting may become les transparent for insurers beneath the international standard, given the lack