Insurance companies are becoming
Insurance companies are becoming increasingly concerned that asbestos liabilities will continue to c...
Insurance companies are becoming increasingly concerned that asbestos liabilities will continue to cause them a headache for the foreseeable future, according to a survey by Deloitte. The survey of over 30 leading insurance firms found that nearly 60% believe that US-sourced asbestos will continue to be a significant issue for the insurance industry for at least the next ten years. Over 70% of respondents either broadly agreed with AM Best's estimate that the US insurance industry was under
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