Tuesday, January 16, 2018

GE shocks market with multibillion-dollar loss in legacy reinsurance business

GE hired two independent actuarial firms and its auditor of more than 100 years, KPMG, also reviewed the numbers as part of its annual audit process. JP Morgan analyst Stephen Tusa asked GE Chief Financial Officer Jamie Miller if the company was happy with its auditor. “If these guys reviewed this ...
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