Global insurance markets competitive as ever - Axa
Global insurance markets in property and casualty lines are as competitive as ever amid the whiplash of the credit crisis, but leaders are warning that the potentially massive burden of natural catastrophe losses requires a halt to downward pressure on pricing.
With confidence shaken in some insurance providers, client businesses are subjecting the quality of their insurers to greater scrutiny, while at the same time, underwriters are pressing those clients
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