Insurance executives optimistic of growth
Insurance executives are cautiously optimistic about the next 12 months, with many expecting to experience growth, according to a recent survey by KPMG International and the Economist Intelligence Unit.
KPMG conducted their Insurance survey, "A Glimmer of Hope: Growth prospects in the global insurance industry and the escalation of risk and capital management," of 315 industry executives from 49 countries in March and April 2009.
The results show that more than half the respondents expect an improvement in organic growth (55%) and expect an improvement in growth by acquisition or take-over (53%) during the next 12 months. Respondents are also positive about their business prospects as they
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