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KPMG report highlights risk

European insurance companies that manage risk effectively stand to gain greater access to world capital markets and competitive advantage. This is the conclusion of a research project Risk and Capital Management for Insurers conducted by KPMG International, which surveyed the views of 102 insurance companies primarily from Europe but also including Bermuda and South Africa.

The report said that it noted a genuine desire by insurers to develop risk-adjusted economic capital measurement processes. Sixty-four percent of respondents want to integrate these more closely into

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