Insurance buyers tell market to cut premiums or lose business
Purchasers of commercial insurance in the telecommunications and electronics sectors have delivered an ultimatum to insurers - cut premiums and offer bespoke coverages or lose businesss to non traditional solutions as captives and protected cell companies.
The warning comes in the wake of both the collapse and financial down-gradings of insurers coupled with sharp rises and restrictions in the amount of coverage they are willing to provide.Speaking at
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