How to prevail over today’s life insurance industry challenges

May 12, 2015 by Lynette Gil

A recent study from Towers Watson has unveiled some of the top challenges that life insurance companies face for growth, profit and risk in 2015.

When asked what was most concerning for the company, achieving growth objectives or achieving profit and risk objectives, 33 percent replied that “growth, level of profit and volatility of profit are equally concerning,” while 28 percent said only “growth,” another 20 percent said only “level of profit” and only 11 percent said “volatility of profit and all growth.

The survey also unveiled that competition and cost management are the top challenges to achieving profit objectives, while economic and regulatory environments are the top challenges to meeting risk goals. Click HERE to read article

Originally Posted at LifeHealthPro on May 8, 2015 by Lynette Gil.