Among the characteristics that make the insurance business the granddaddy of financial services: Insurers are keen to the evolving needs of their clients and the way an ever-changing world impacts their business. Here, property and casualty insurance professionals will find valuable news and information for their specialty market clients.
Regulatory developments in the European Union and United States present opportunities for large insurers that can use their resources to reduce their capital requirements, while smaller insurers may have to consider strategies such as specializing in particular lines of business to compete, a new report says.
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