A significant majority of insurance-carrier CEOs are upbeat about the prospects of revenue growth over the next few years, mirroring the views of financial-services executives in general, according to a recent survey.
Of the 92 insurance CEOs (a mix of P&C and life insurers) in 39 countries surveyed for PricewaterhouseCoopers' 16th annual global CEO survey, 90 percent are reasonably confident revenue will grow over the next 12 months, and next three years.
Carrier executives are not as positive about the overall economic picture, though. Just 15 percent believe the economy will improve in the next 12 months, according to the survey, and close to a quarter expect the economy to decline. PwCsays last year's survey showed even more skepticism, with close to half believing the economy would get worse.
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