Avoid the trap
As the economic crisis turns into what is predicted to be the deepest recession for 60 years, concern has heightened about the credit risk associated with insurers and the increased potential for trapped funds - money held up in the system among intermediaries, clients and insurers when insolvencies arise. Tim Goodger reports
Will the insurance industry continue to weather the financial storms or is it, as many people predict, merely a matter of time before there is a major insolvency? With so many firms already dependent
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