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Life Insurance International
In a new study by KPMG, China’s insurance sector and the evolution of bancassurance, the professional services organisation has a mixed message for foreign life insurers in China, most of which are making painfully slow progress.
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Views that are not backed by fact often have a nasty habit of becoming common wisdom. This is particularly true in the European life and pensions industry believes Ernst & Young (E&Y).
An industry founded on the principle of risk-avoidance, the US life insurance market might seem an odd choice for the venue for the next technological revolution.
Despite facing investment market headwinds during 2011, pension fund assets in the world’s 13 largest
pension markets clawed their way to a record high by year-end, reveals a study by professional services group Towers Watson.
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