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Tough times ahead for US insurers

Tough times ahead for US insurers

Future growth in the US life insurance is a matter of managing capital and risk in an uncertain environment, Ernst & Young (E&Y) has emphasised in their new Global Insurance Center US Outlook. Those life insurers that manage the associated multiple variables will be the winners of the tumultuous years ahead, predicts the professional services firm.Free

 


 

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Tokio Marine enters US life market

Tokio Marine enters US life market

In a bid to counter stalling growth in its Japanese home market, Tokio Marine has expanded its global operations significantly in recent years. As a significant extension of this strategy, the Japanese insurer is to acquire Delphi Financial Group, a move that will provide its first exposure to the US life market

An ill-conceived strategy unwound

An ill-conceived strategy unwound

A decade ago, Old Mutual set out to conquer the world with an aggressive global expansion strategy that, for the most part, brought costly disappointments. Julian Roberts, the insurer’s CEO since 2008, has worked wonders in unwinding strategic blunders and restoring the insurer to robust financial health

Life industry growth goes into reverse

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