NU Online News Service, April 1, 2:57 p.m. EDT
An insurance executives' think tank in advance of tomorrow's London G-20 meeting has written finance leaders advising them that any regulatory moves to fix the economic crisis should recognize the difference between banks and insurers.
The Geneva Association of 80 of the world's biggest insurers signed a seven-page fine print letter to the G-20 finance ministers that was crammed with recommendations and critiqued flaws its sees in the Group's latest action plan.
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