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. plans to raise about $750 million in a share placement and sell assets including part of its lenders mortgage insurance business in Australia after reporting an 18% drop in earnings.
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