(Bloomberg) -- Life insurance in advanced economies will return to growth this year as sales in the United States reverse a contraction, spurring returns for providers, said Swiss Re Ltd., the world’s second-biggest reinsurer.
Life policy premiums in developed economies fell 0.2 percent to $2.2 trillion in 2013, led by a 7.7 percent slide in the U.S. That crimped growth in the wider insurance industry to 1.4 percent from 2.5 percent in 2012, Swiss Re said in an e-mailed report published from Zurich today.
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