Why insurers fail: lessons to be learned
Poor management practices and operational weaknesses have played a big role in the failure of some 270 UK and European insurers in the past five past years. And it's those companies that take heed now that will weather the current storm, says William McDonnell.
In the past five years, 270 UK and European insurers folded or nearlyfailed. Will another 300 do so before the end of the decade? If this is to
be averted, the biggest wins are likely to be not
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