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Execs cite regulatory, legislative issues among concerns

Six in ten executives surveyed by KPMG flag regulatory and legislative issues as the top barriers to business expansion, up from 47 percent in KPMG’s 2012 survey and 41 percent from 2011.
Six in ten executives surveyed by KPMG flag regulatory and legislative issues as the top barriers to business expansion, up from 47 percent in KPMG’s 2012 survey and 41 percent from 2011.

The number of insurance executives who say that regulatory and legislative pressures are the most significant obstacles to growth edged up during the year past, a new report reveals.

This is among the highlights of a KPMG Insurance Industry Outlook survey, which was conducted in Spring 2013 and reflects the responses of 101 senior executives in the insurance industry. Based on revenue in the most recent fiscal year, 33 percent of respondents work for institutions with annual revenues exceeding $10 billion, 40 percent with annual revenues in the $1 billion to $10 billion range, and 27 percent with revenues in the $100 million to $1 billion range.

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Nichole Morford

Nichole Morford
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