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November 29, 2022

Ace Ltd.

Ace CEO Not Sure What This Mental Masturbation Around Insurance Accounting Is All About

Ace Ltd. (ACE) Chief Executive Officer Evan Greenberg said the push for new U.S. accounting standards may distract investors from the most useful metrics in gauging insurers’ financial status. “I don’t know whose benefit you’re ultimately serving except a bunch of academics,” Greenberg said today on a conference call. The Financial Accounting Standards Board proposed in June […]