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60% of insurers planning to divest by 2017

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More than half of insurers are planning to complete sales by the start of 2017, according to a study from Towers Watson, up from just 20% saying the equivalent last year.

In aa study by the consultancy and Merger Market, of 265 insurance executives at insurers and reinsurers across both the life and non-life sectors, 60% admitted plans to sell.

At the same time, the

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