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Most non-life insurance markets in phase of below-average profitability: report

By Janice Roberts at New Media
10 September 2018 • 1 min read

  • Non-life underwriting margins in major western markets and Japan need to improve by around 5 to 9 percentage points in order to deliver sustainable returns
  • Supportive macroeconomic developments alone are unlikely to close this existing profitability gap
  • Premium rate increases are needed to restore profitability to sustainable levels
  • Insurance stocks have delivered profitability on par with other sectors over the long run, and offer diversification benefits
  • Investments in technology will lead to efficiency gains in the longer run

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