There have been three major types of changes in the insurance industry in the past two decades. Which of the below is ONE of these?

Question

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One of the major changes in the insurance industry in the past two decades has been the internationalization of the industry. Insurance companies have expanded their operations globally to reach a wider market and benefit from economies of scale. This has led to increased competition and consolidation in the industry. Choices B, C, and D are not major types of changes that have occurred in the insurance industry.

There Have Been Three Major Types of Changes in the Insurance