NU Online News Service, Jan. 14, 2:43 p.m. EST
Competitive challenges in the property and casualty industry will continue into 2011, and insurers will need to stay ahead of factors such as cycle management, technology, and regulatory and accounting changes to separate themselves from competitors, Ernst & Young said in a recent industry outlook.
P&C insurers will continue to deal with many of the same factors that have fostered the recent soft market conditions, E&Y said in its recent "2011 Outlook: U.S. Property/Casualty Insurance Industry" report.
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