A moderate firming in the US P&C market combined with a
gradual economic recovery is expected to boost brokerage revenue
over the next year, according to rating agency Moody's.
In its latest global insurance brokerage report, issued on 12 June, Moody's said its outlook for the sector remains stable.
The agency cited brokers' recent steady performance amid turbulent economic conditions and predicted a modest 3 percent recovery for 2012 and 3.5 percent in 2013 for G20 countries.
Moody's rates the...
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