Financial institutions - Move over, small fry!
Mairi Mallon reports on a highly competitive and dislocated bankers' blanket bond (BBB) market. With increasingly sophisticated crime and a shift toward larger carriers, how long can the savage competition last?
Smaller players in banking insurance could go to the wall as market leaders move in to take up a larger share of the market.
In this soft market, competition is fierce in financial insurance, with
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