Sub-Saharan Africa has emerged as a promising global market, with improving economic conditions and a rising consumer class leading to increased foreign investment. GDP in the region will grow at about 5 percent each year for the next 10 years, roughly double
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Insured losses of $20 billion or possibly more from Hurricane Sandy are unlikely to significantly affect the global reinsurance market, although it should translate into dampened earnings for some insurers and reinsurers...
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