Q3 market movements take toll on insurers' capital adequacy, S&P says
Recent financial developments, combined with marking-to-market of insurers' investments, has depleted European insurers' balance sheets, according to a report by Standard and Poor's.
Although many insurers had substantially rebuilt their balance sheets from their 2009 low point by mid-year 2011, the ratings service said that it expects that many boards of directors will need to
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