News Column

Conning Posts Its 2014 Outlook

February 20, 2014

Insurers in both the U.S. and globally should benefit from improved operating conditions and the initiatives they have been pursuing in response to the challenges of the past few years, according to a new study by Conning.

"Our outlook for the U.S. insurance industry in 2014 is for stable results and some gradual improvement across most segments, but with increasing uncertainty brought on by economic, political or regulatory developments unfolding in the period," said Stephan Christiansen, managing director at Conning. "That said, economic drivers are mostly favorable, and many companies are beginning to reap the rewards of investments in technology and an increasingly analytical approach to the business."

According to a release, the Conning study, "U.S. and Global Insurance Industry Outlook: Improving Performance Amid Economic and Regulatory Challenges" presents the challenges and potential insurer responses for the industry generally, with separate discussions for U.S. Property-Casualty; U.S. Life-Annuity, and U.S. Health Insurance, as well as Europe and Asia.

"Our outlook for the global insurance industry, like the U.S, is shaped by three key factors: economic climate, interest rate environment, and regulation," said Steve Webersen, director of research at Conning. "Fragmented economic growth is creating new pockets of opportunity, while challenging established markets. As in the U.S., growing regulatory convergence and complexity are increasingly commanding insurer attention and resources."

Conning is an investment management company for the global insurance industry.

More information:

www.conningresearch.com

www.conning.com

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