Author: tayyaba
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The 21st Century: Regulatory Changes and the Expansion of Global Markets
Globalization and Cross-Border Insurance In the 21st century, the growth of the global economy, increased international trade, and the rise of multinational corporations led to a more interconnected insurance industry. This globalization has allowed insurers to offer cross-border coverage, such as: To facilitate this global expansion, many insurance companies have standardized their processes and offerings…