10 Threats and Opportunities for P&C Insurers in 2013
P&C insurers face a number of financial, marketing, management and regulatory challenges in 2013. In a new report, Deloitte goes even deeper to break down the year's 10 biggest hurdles.
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1. Piggybacking on growth sectors
The hardening market will persist, but at a modest rate. Therefore, insurers will not be able to sit back and rest on rising premiums. Looking for faster-growing markets and industry niches could make profitability easier to come by.