Reinsurance: Executives fear regulation growth
Sunday 12 September 2010
European reinsurers have overhauled their operations since the credit crunch, while US and Bermuda-based rivals have maintained their business models, a report out tomorrow is expected to conclude.
PricewaterhouseCoopers will say that this marks a potential industry divide. It will also report that the majority of executives did not see growth opportunities and fear increased regulation and shareholder pressure for quick returns.
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