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.
The cost to insurers of catastrophes almost halved to some $44 billion this year, despite a doubling in deaths caused by events such as Typhoon Haiyan, Swiss Re said on Wednesday.
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