NU Online News Service, Oct. 25, 3:05 p.m. EDT
Property and casualty and life and health insurance companies worldwide are asking the Group of Twenty to differentiate their industries from banks in crafting measures designed to address systemic risk.
Trade groups representing both domestic and foreign insurers and reinsurers asked for the different treatment in a letter sent in advance of the G-20 meeting scheduled for Nov. 11 and 12 in Seoul, South Korea.
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