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UK govt to boost insurance industry

India Infoline News Service | Mumbai |

UK government would extend to the insurance industry a series of measures announced earlier this year to boost asset managers

UK treasury minister Greg Clark said that the government plans to boost the insurance industry with policy sweeteners such as tax breaks, hoping to nurture it as a source of investment and an engine of economic growth.  

Clark told a conference run by specialist publisher Insurance Day on Monday. 

According to Clark, the government would extend to the insurance industry a series of measures announced earlier this year to boost asset managers.

 

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