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.
QBE Insurance Group Ltd said it expects to post a $250 million net loss this year due to writedowns and unexpectedly large claims after weak crop prices hit its U.S. operations, sending shares in Australia's biggest insurer down 20 percent.
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