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World Insurance Report

Developing new business biggest drain on insurers’ resources

Securitisation is becoming increasingly popular as a means of financing for life companies in the US

Developing new business biggest drain on insurers’ resources

US life insurance companies, pressured not only by the high cost of new business development but also by the increasing demands of investment analysts and rating agencies, see capital management a stheir key concern for the next three to five years, according to the latest survey of life insurance sector chief financial officers by financial services consultancy, Towers Perrin Tillinghast.

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