Stricter financial regulation has left the Irish insurance sector feeling more resilient and better able to handle risks than their global peers, according to a new survey by professional services firm PwC.
Irish insurers rated themselves an average of 3.27 out of 5, compared to 2.95 for insurers globally, in terms of their preparedness for dealing with insurance risks, according to PwC's annual 'Banana Skins' survey.
Risk management and corporate governance - two areas covered by regulations -...
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