More than 70 percent of executives surveyed at an industry conference believe the property and casualty insurance sector will see premium growth in the year ahead.
Also, nearly half of the 150 property-casualty executives surveyed at KPMG's 17th Annual Insurance Industry Conference said they believe that regulatory risk poses the greatest threat to their industry. That 46 percent figure represents a doubling of the percentage that believed so at the same event last year, KPMG said.
A total of 30 percent felt concentration of risk posed the greatest threat, while interest rate risk was the top concern of 9 percent of the respondents.
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