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Royal Bank of Canada (RY) joins a number of others getting set to cut back life insurance...

  • Thursday, June 14, 2012, 6:15 PM ET
    Royal Bank of Canada (RY) joins a number of others getting set to cut back life insurance operations in North America, reports the Financial Post, as the low interest rate environment "ravages" the business model.
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    Not a surprise. Life insurance is highly regulated including investment and Banana Ben has basically killed them with ZIRP.
    14 Jun 2012, 06:26 PM Reply Like
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