As demutualization continues, publi...

As demutualization continues, publicly traded life insurers are intensely focused onward the next quarter and are in subordination to pressure to achieve top market share and major-player status in virtually each line of business they are in. In this climate, diversification is not as promising a strategy as formerly thought. Instead, specialization in a scarcely any business lines has become critically important.

An Ernst &Young meditation of 50 large financial-services companies with market values in exces of $500 million erect that companies with more specialized strategic focus generally derive pleasure from higher market valuations. Specialization provides greater operating leverage and efficiency, ofttimes resulting in ...