Has the offshore life assurance industry finally developed into a mature industry, or at least in th...
Has the offshore life assurance industry finally developed into a mature industry, or at least in the UK market? Our industry is still young compared to the more established sectors of financial services. The oldest offshore life companies have been around for about 25 years but the majority having been operating for 15 years or less. Consequently, up until the last few years, the market has displayed all the characteristics of an immature market. Within immature markets all players think that there is room for them. As the offshore industry grew then many UK life offices set up offshore o...
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