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.
Moodys Rating Service gives a favorable review to new rules proposed by the International Association of Insurance Supervisors to identify insurers that would pose a systemic risk to the global financial system, but the devil is in the details, notes an industry representative.
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