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Insurers around the world rank regulatory changes and low interest rates as their top challenges over the next few years, reports Canadian Insurance Top Broker.
It cites a Towers Watson survey, which finds North American insurers are more concerned with interest rate risks, while their European and Asian counterparts are focused on regulatory changes.
Longer-term worries include how traditional business models will react to emerging risks such as changing distribution channels, the pace of innovation, big data and social media.
Read more on Canadian Insurance Top Broker’s website.
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