Despite the global economic crisis, the commercial insurance market is poised to remain stable through 2010, but new challenges are emerging for risk managers, according to a comprehensive report issued today by Marsh, a global insurance broker and risk advisor.
Marsh's report, “Competition Nets Rewards — Multinational Client Service Insurance Market Report 2010,” finds that while business opportunity appears to be brightening in 2010, the financial crisis has brought risk management to the fore within and beyond finance and treasury departments. Global risk managers are challenged by new boardroom demands of insurer security, balance sheet transparency, and heightened accountability.
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