NU Online News Service, Dec. 16, 3:32 p.m. EST
The penetration of commercial liability insurance is increasing across all industries on a global basis, but experts fear it is underpriced and insurers need to pay closer attention to the risks, a report from Swiss Re says.
In its latest sigma study, titled "Commercial liability: a challenge for businesses and their insurers," the Zurich-based reinsurer reviews the current state of the commercial liability marketplace and observes some worrisome drivers that could adversely affect insurers down the road.
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