Insurance companies are becoming

Insurance Age staff
01 Nov 2005

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Insurance companies are becoming increasingly concerned that asbestos liabilities will continue to cause them a headache for the foreseeable future, according to a survey by Deloitte. The survey of over 30 leading insurance firms found that nearly 60% believe that US-sourced asbestos will continue to be a significant issue for the insurance industry for at least the next ten years. Over 70% of respondents either broadly agreed with AM Best's estimate that the US insurance industry was under

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