Standard & Poor's Ratings Services brought together insurance and financial professionals to consider the effect that new risks—such as drones, driverless cars and fracking for oil production—combined with the current global economy and low interest rates, might have on their businesses and strategic plans. For the P&C insurers in attendance, the general consensus was that "the state of the business is strong."

S&P's 2015 Insurance Conference, held June 9–11 in New York City, included panelists from the insurance industry as well as S&P ratings analysts to discuss factors affecting P&C insurance and the way those factors are taken into account by the analysts in assessing ratings.

P&C sector outlook

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Rosalie Donlon

Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU You can contact her at [email protected].