Saturday, March 3, 2012

Insurers' CFOs worry about regulation, interest rates in '07.(chief financial officers)(Brief article)

Even before the Democrats took control of Congress, life insurers clearly were worried about a tighter regulatory environment, according to a study by Tillinghast: More than three out of four chief financial officers of life insurance companies polled in August and September said regulations were their biggest concern for the coming year.

The highest proportion of CFOs, 77%, cited "the growing level and complexity of regulations" as their biggest worry for the market and for the economic environment in 2007. Interest rates were the top concern of the second-highest proportion of CFOs (70%). Concerns about market consolidation (37%) and the equity market (37%), by …

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