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.
While the cause of the Costa Concordia accident is still under investigation, insurance and reinsurance markets are bracing for loss claims that could ultimately reach $1 billion, according to Moodys Investors Service.
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