A majority of insurers are planning to concentrate their growth overseas in the next three years.In a survey conducted by Accenture,62% of the 100 firms surveyed said they planned to grow abroad over the next year.Brazil,Russia,India and China are their main prospects.
Insurers from North America were more likely to expand overseas than those from other regions.While property and casualty insurers are more interested in Western Europe,life insurers are focused on emerging markets such as South Korea,India and China,the Accenture survey found.
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