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Independent lawmaker urges wider insurers’ investment portfolio
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Independent lawmaker urges wider insurers’ investment portfolio
Independent Senator Andrew Mallalieu has urged the government to broaden financial services industry reform by liberalising investment rules governing insurance companies, warning that Barbados remains vulnerable if insurers’ investments are concentrated here. In Wednesday’s debate on the Protection of Depositors Bill, the real estate executive said the legislation highlighted an important principle of risk diversification that should also apply…
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