21 April 2018

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Withdrawal symptoms

6 February 2017

Dear fac-ster,

"Every insurance company at the moment is doing something similar to us: with low investment returns we're looking at products we're not distributing and geographies we're not in."

Indeed. Hardly a week has gone by in recent years without a story of some carrier or other diversifying into yet another speciality niche. Accident and health springs to mind as a particular favourite, but really you can take your pick.

All understandable, of course, with margins thin for bread...

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