The global insurance industry outlook is not good and not going to get better in the short term, according to a study from Conning. The study, “U.S. and Global Insurance Industry Outlook: Economic, Capital Markets, and Regulatory Challenges Continue—Nothing to Be Gained by Waiting for Things to Get Better,” states that weak economic growth, an extended period of low interest rates, weak investment income and rising regulatory demands contribute long-term challenges for insurers.
The study presents the challenges and potential insurer responses for the industry generally, with separate discussions for U.S. sectors:
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