Europe: A CIVETS hedge?
There is currently a lot of hype about the so-called CIVETS - Columbia, Indonesia, Vietnam, Egypt, Turkey and South Africa. These are countries with young populations and plenty of economic potential, so should these be the hunting grounds for European insurers?
Penney Frohling, financial services strategy lead for EY, says similarities shouldn't eclipse differences. "There is a common assumption that the demographics in emerging markets are similar and all
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