Rapid technology changes, demanding customers, tight regulations, catastrophes, low interest rates, slow economic growthnot exactly the horsemen of the Apocalypse, but these factors will determine the fate of insurance in the New Year, says Ernst & Young.

Rapid technology changes, demanding customers, tight regulations, catastrophes, low interest rates, slow economic growthnot exactly the horsemen of the Apocalypse, but these factors will determine the fate of insurance in the New Year, says Ernst & Young.

AIG's Peter Hancock lists climate change, cyber insurance, alternative capacity and public-private risk transfers as trends to watch.

AIG's Peter Hancock lists climate change, cyber insurance, alternative capacity and public-private risk transfers as trends to watch.

The regulatory scrutiny that followed the financial crisis is forcing insurance CEOs to spend an inordinate amount of time on compliance to solve problems that do not exist and satisfy regulators who dont understand the industry, according to Hanover Insurance Groups chief executive.

The regulatory scrutiny that followed the financial crisis is forcing insurance CEOs to spend an inordinate amount of time on compliance to solve problems that do not exist and satisfy regulators who dont understand the industry, according to Hanover Insurance Groups chief executive.

The market share of Citizens Property Insurance Corporation, Louisianas insurer of last resort, is estimated to shrink to under 3% for the first time in six years following a seventh round of depopulation in 2014.

The market share of Citizens Property Insurance Corporation, Louisianas insurer of last resort, is estimated to shrink to under 3% for the first time in six years following a seventh round of depopulation in 2014.