Low Interest Rates, Diminishing Reserves Will Continue to Challenge Property/Casualty Insurers in 2016, Say CEOs at Joint Industry Forum
NEW YORK, January 19, 2016 — A panel of prominent property/casualty insurance executives forecast a challenging 2016, as the diminishing tailwinds of reserve releases struggle against headwinds of low interest rates. The five senior executives gave their forecast and other market insights at the 20th annual Property/Casualty Joint Industry Forum, held here on January 12,…