Towers Watson's survey showed that regulatory changes are a priority, along with low interest rates.

The results of a new survey conducted from Oct. 27 through Nov. 14, 2014, by Towers Watson, a global professional services company, show that the property and casualty (P&C) industry is focusing primarily on low interest rates and regulatory changes, but there are differing challenges globally. A total of 365 executives, representing all global regions and evenly split between life and P&C companies, participated in the survey.

Of the insurers surveyed, 85% of the North Americans had a significantly higher concern about interest rates than European (68%) or Asia Pacific (61%) insurers. Regulatory changes, on the other hand, were seen by 82% of the European insurers as more problematic for the year, compared to their Asia Pacific (80%) and North American (65%) counterparts, according to the study.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.