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A.M. Best Updates Capital Model Progress

With the rollout of a new capital model set for second-quarter 2016, A.M. Best analysts have made a key decision concerning a statistical metric they will use to calculate risk charges—a decision ...
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Zurich to Cut Costs by $1B to Reverse Profit Slide

Zurich Insurance Group AG, Switzerland’s biggest insurer, will cut costs by more than planned as it seeks to reverse a drop in earnings. CEO Martin Senn said he will make additional annual savings ...