A new survey released today has found that cyber risk, macro-economic challenges and change management are the top risks for Irish insurers.
This is according to the Centre for the Study of Financial Innovation’s (“CSFI”) latest insurance Banana Skins 2017 survey. The report was conducted with the support of PwC and surveyed 836 insurance practitioners and industry observers in 52 countries including Ireland, to find out where they saw the greatest risks over the next 2-3 years.
The survey suggests that Irish insurers are slightly less concerned about overall risks compared to their global counterparts. They are also less concerned compared to two years ago. But Irish insurers are also slightly less prepared to handle the risks compared to global counterparts according to the study.
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