Life insurance and annuity consumers are far more likely to be treated better and be more satisfied when dealing with companies that demonstrate a real, ongoing commitment to ethical business practices. The same companies show better financial performance including a higher return on equity and more efficient use of capital, concludes a study just released by Georgia State University's Center for Risk Management and Insurance Research at the American Risk and Insurance Association meeting here today.
The July Bloomberg Eurozone Retail Purchasing Managers' Index ("PMI(R)"), a monthly survey indicating economic conditions in the Eurozone retail sector one month ahead of government issued figures, signaled growth of retail sales in the single currency area for the fourth straight month at the start of Q3.