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European insurers must rebuild capital

ErnstandYoung

As insurance companies wait for the world economy to slowly recover, they must work to rebuild capital, reassess risk management, integrate changing regulations and aggressively seize opportunities for growth, both via acquisition and new product development, according to Ernst & Young.

In its Global Insurance Center 2010 European Insurance Outloo, the company sain terms of raising capital and building reserves, complicated by a changing accounting and regulatory environment and the

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