Germany 'must open up' to global insurance market
The Eurozone crisis and the export-led boom in German industry mean that Germany's insurance buyers must look to markets outside their own borders for insurance solutions, according to Jan Blumenthal, Lloyd's general representative for Germany.
Blumenthal explained that the euro's difficulties have highlighted issues with insurer solvency and the long-term sustainability of the German insurance market, and that countries cannot "go it alone"
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