(Re)insurers braced for $2.5bn Madoff deluge
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(Re)insurers braced for $2.5bn Madoff deluge

On top of the estimated $10-12bn of directors’ and officers’ (D&O) and errors and omissions (E&O) credit crunch-related losses, the embattled professional and management liability insurance sector is bracing itself for a flood of claims from the alleged $50bn...

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