Insurance results: Are 2020 numbers all about choosing the best of a mediocre bunch?

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As more life insurers report their 2020 financial results, it is becoming clear that 2020 was a humbling year for the sector.
Photo: Getty Images
As more life insurers report their 2020 financial results, it is becoming clear that 2020 was a humbling year for the sector. Photo: Getty Images

The pandemic has been humbling to life insurers. Gone are the days when the source of pride was the double-digit growth in profits. Now, insurers are content with not being the leader in the race to the bottom, or simply with paying claims.

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