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Top insurance industry issues in 2010
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Although the worst of the financial crisis has passed, the insurance industry still faces numerous challenges in 2010. A weak economy is limiting growth opportunities and making capital preservation an ongoing priority for many companies.
Because of these pressures, insurers continue to closely monitor their people, processes, systems, and markets in order to find competitive advantages. In the midst of this, they also face potentially major changes to accounting standards, capital requirements, and regulation that may affect their business for years to come.
