18-05-2017 12:00 via insuranceinsider.com

Opinion: see-through accounting

Did you notice when "transparent" stopped being a dirty
word? When it ceased to apply to, perhaps, an errant boyfriend or a
vote-hungry politician, but got co-opted by regulators and
virtue-signalling companies alike?
The adjective is now designed to chivvy, to uplift and to
justify increased paperwork after below-the-radar financial sector
misdemeanours during and just after the credit crisis.
And insurers will be hearing more of that rehabilitated
descriptor as the sector grapples with new acc
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