Beazley interest in Hardy underlines 2012 consolidation, claims Fitch
Fitch Ratings has reiterated its expectation that 2012 will signal an increased consolidation in the non-life insurance sector, following the news of Beazley's renewed interest in buying Hardy Underwriting Bermuda.
The ratings agency has claimed insurers that are struggling to repair balance sheets weakened by Asia-Pacific catastrophes in 2011, including the earthquake and tsunami in Japan and flooding in
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