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Better Capital Management One Goal For Industry In '07

"The past four years have been marked by unrelenting regulatory scrutiny, unparalleled catastrophic losses and an incredibly vibrant hard market," said Pete Porrino, global director of insurance, Erns

By Staff Writer | Updated on December 26, 2006

Better capital management will serve as one of the primary goals for the property-casualty industry next year, according to a report from Ernst & Young.

“The past four years have been marked by unrelenting regulatory scrutiny, unparalleled catastrophic losses and an incredibly vibrant hard market,” said Pete Porrino, global director of insurance, Ernst & Young Global Insurance Center.

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