Liberty Mutual saw net written premiums increase by 5.3% and catastrophe losses decline by 88% in 2013s fourth quarter, leading to net income attributable to the company of $496 million, compared to a $234 million net loss for the same period the year before.

One out of three senior investment managers at global insurance companies worry current legacy systems may fail to meet future regulatory requirements.

Nearly 30% of senior investment managers at global insurance companies say they are concerned about the ability of their current legacy systems to meet their future regulatory requirements.

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