Report flags top 5 threats facing insurers
July 15, 2016 by LifeHealthPro Editors
Approximately three-fourths of insurers surveyed have lowered their target return-on-equity expectations to 10 percent or lower, a reflection of highly competitive market conditions remaining and the slow-growth economy, according to a new A.M. Best special report.
The report, “A.M. Best Spring 2016 Insurance Industry Survey,” assesses insurers’ opinions on a number of key themes, including market conditions, compliance costs, the Department of Labor’s fiduciary rule, cyber risk, reinsurance trends and exposure to Puerto Rico’s municipal bonds.
The survey respondents identify the following as top threats facing the insurance industry: Click HERE to read more. LifeHealthPro articles may require free registration to view