Insurance group Standard Life to axe 600 jobs in major overhaul
Target of £100m cost savings to be reached by 2011 Insurance and pensions group Standard Life is to cut 600 jobs over the next 15 months as part of a major overhaul of the business. The Edinburgh-based insurer’s new chief executive David Nish, who took over [...]
IASB proposes overhaul of insurance accounting practices
The International Accounting Standards Board released proposals on Friday for a new accounting model for insurance contracts, which could impact the way Canadian insurers measure their profitability.
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Abortion Foes Win a Round in Health Overhaul
Some Obama allies are grumbling about a decision to ban most abortion coverage in insurance pools.
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