Regulatory onslaught tops global (re)insurers' risk list
An increasing regulatory burden is the biggest threat to the (re)insurance industry, according to a new poll of international (re)insurers.
Regulation topped the list despite the unprecedented recent sequence of natural catastrophes, the continuing low interest rate environment affecting investment returns and the global economic recovery remaining fragile, according to the 2011 Insurance Banana Skins survey by professional services firm PricewaterhouseCoopers (PwC) and thinktank the Centre for the Study of Financial Innovation.
Regulators and policymakers across the globe are continuing...
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