Eight in ten insurers say they are actively considering increasing their allocation to alternative strategies as they look for sources of additional yield, according to new research.
Sponsored by State Street’s study and conducted jointly with The Economist Intelligence Unit, the study—“Facing the Future: Blueprint for Growth”—surveyed more than 300 insurance executives globally and focused on the key industry issues and opportunities facing the insurance industry and their preparedness in meeting those challenges.
According to the report, more than 80% of insurers feel that adapting to evolving regulation represents a challenge. Only 17% view the regulatory environment as not posing a challenge at all.
Ninety-three percent see restructuring product offerings to bring new, innovative products to market quickly as a challenge.