The insurance industry faces some stiff headwinds as it enters into 2012 a new report from Deloitte finds.
The “2012 Global Insurance Outlook” identifies the unusual amalgamation of negligible economic growth and rock-bottom interest rates as unique challenges for insurers—simultaneously sapping consumer demand while enervating investment income. Moreover, given the fiscal travails in Europe, Deloitte sees little respite for insurers on the economic front.
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