Waking from the American dream?
The US insurance industry managed to sustain the losses generated by the events of 11 September, however, it must maintain the current favourable pricing trends, in the face of a slump in investment income, in order to mitigate the more serious financial damage of the mid- to late 1990s. Gordon Feller reports.
When asked about the general health of the US insurance industry,many US executives seem to agree that the biggest challenge is sustaining
the current pricing trend. The reason they offer for this
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