Many of us have bought life insurance, but what about buying shares in life insurance companies?
The industry is a black hole to investors who struggle to see how such companies create value and make money.
Because the insurance industry feels current - and complex - accounting rules do not accurately portray long-term performance (policies can last 50 years), so companies publish customised performance indicators to help their evaluation.
via Business feed http://www.scmp.com/business/money/markets-investing/article/1094657/stock-watch-life-insurance
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