Insurers groan under huge management expenses

by | January 3, 2018 12:55 am

Insurance firms’ huge management expenses are increasing eroding profitability and undermining margins, raising concerns about their deteriorating underwriting performance.  Experts agree that some urgent and responsible steps have to be taken by the management of firms regarding copious expense that is increasingly eroding profitability. However, industry players say certain costs such energy costs, acquisition of…

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