Smaller life assurers feel financial strain.
Continued decline in the world's financial markets could intensify the pressure on the smaller life ...
Continued decline in the world's financial markets could intensifythe pressure on the smaller life insurers to merge or sell up.
Global economic turmoil has led to significant falls in the equities and
bonds markets and if this persists it could have a detrimental effect on
the assets and solvency margins of the weaker life offices.
According Mike Wadsworth, a life actuary at consulting actuary Watson
Wyatt, mutual life companies are having to cope with the double problem of
the declining value of
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