Business Pulse: Top 10 risks and opportunities for insurance in 2013 and beyond

In an increasingly competitive world, forecasting the future is risky. Businesses that fail to look forward will almost certainly be left behind. As the insurance industry adjusts to a new environment of low asset returns and stricter regulation, insurers have few illusions about the challenges ahead. An EY survey "Business Pulse: top 10 risks and opportunities for insurance in 2013 and beyond" reveals the current thinking and expectations of executives across the globe.

Macroeconomic trends and a slow rate of growth are viewed as the leading risks for insurance companies. Customer focus - improved distribution and product development - dominates the list of opportunities.

EY intend this report to provoke discussion and debate about how to meet the challenges and opportunities that lie ahead for insurers. In their search for growth, insurance companies face a shortage of skills, data- and cyber-related threats and concerns about operational and reputational risk ... READ MORE

Released by EY - June 2013