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Earnings growth for insurers overall should rise, but developing market insurers are likely to outpace those in more mature markets.

The global insurance industry is facing uneven economic conditions in many parts of the world, which will challenge earnings growth in 2015, according to a new report from Standard & Poor’s Ratings Services (SPRS). The report, “Pursuing Global Insurance Profitability Amid Tempered Economic Growth,” released on March 30, finds that widely varying prospects for economic growth from region to region and extraordinarily low interest rates—which are likely to stay lower for longer, particularly in the Eurozone—will make profitability even more difficult than it has been in recent years.

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