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According to a new study by Conning, the property & casualty insurance industry faces unprecedented challenges including alternative capital, changing technology, emerging risks and a decline in the relevance of the industry’s traditional products. 

The study, “Innovation in Property-Casualty Insurance: Responding to a Changing Value Proposition, warns that, if the P&C industry doesn’t respond now, it will face a future of diminished relevance. 

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Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].

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