S&P Global Ratings has been consistently identifying emerging threats to the insurance sector that could negatively impact credit quality. Those threats could also become opportunities. (Photo: Shutterstock)

Insurers have demonstrated resilience over the past several years. However, have insurers been "lucky" or have they worked hard to secure their good fortune? Perhaps it's a bit of both.

Over the past several years, S&P Global Ratings has been consistently identifying emerging threats to the insurance sector that could negatively impact credit quality. These threats include:

  • disruption from new technologies; cyber security;
  • an evolving regulatory or accounting landscape;
  • stubbornly low interest rates and the weight they put on investment yields;
  • increased catastrophe losses; and pricing pressures due to the abundance of capital, to name a few.

These are all themes that emerged again at the 34th Annual Insurance Conference, which was held on June 6–7 in New York City.

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