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Current State of the Market - icmif

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Diversification<br />

• We have chosen this week to launch a new report;<br />

Diversification challenges and opportunities for Mutuals<br />

• Key lessons; pursue diversification only where<br />

– It is in line with <strong>the</strong> long-term aims <strong>of</strong> <strong>the</strong><br />

organisation<br />

– Stands a reasonable chance <strong>of</strong> being pr<strong>of</strong>itable<br />

– Does not come at <strong>the</strong> expense <strong>of</strong> a loss <strong>of</strong> focus<br />

on o<strong>the</strong>r aspects <strong>of</strong> business<br />

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