Australia Insurance Q1 2019
In spite of headwinds, both of the major segments of Australia's insurance sector should achieve steady growth inpremiums through the forecast period. In the life segment, the majors should benefit from the continued growth of superannuation,notwithstanding that they are in competition with the superannuation funds as providers of wealth management products. In thenon-life segment, health insurance companies will benefit from demographic changes. However, other sub-sectors will becharacterised by downwards pressure on prices.
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