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Moodys Rating Services says Allstates plan to restructure $3 billion in debt is credit positive and will lower its cost of capital heading into hurricane season.
Moodys Rating Services says Allstates plan to restructure $3 billion in debt is credit positive and will lower its cost of capital heading into hurricane season.
Commercial lines reserved moved to an overall deficiency $900 million in 2012 as U.S. P&C insurance reserve redundancy dropped 21 percent last year, says Aon Benfield.
Commercial lines reserved moved to an overall deficiency $900 million in 2012 as U.S. P&C insurance reserve redundancy dropped 21 percent last year, says Aon Benfield.
Europe's insurers warned that their ability to help to boost economic growth could be harmed if the EU insurance watchdog does not take account of industry demands in a report to be unveiled on Friday.
Europe's insurers warned that their ability to help to boost economic growth could be harmed if the EU insurance watchdog does not take account of industry demands in a report to be unveiled on Friday.
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