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Delegates polled for top risks at IIS conference

Posted On: Jul. 10, 2007 12:00 AM CST

BERLIN—Immeasurable risks are the biggest threat to the insurance industry, according to a poll of attendees at the International Insurance Society Inc.'s annual conference in Berlin.

While 43% of delegates polled cited immeasurable risks as the biggest threat to insurers, 27% said that inadequate human capital was the industry's biggest threat.

Regulation challenges were considered the biggest threat by 20% of those polled.

Delegates were also asked what they considered the top issue facing the insurance industry, among other questions.

Almost one quarter, 24%, of those polled, said that new market opportunities were the top issue for the insurance industry currently, while 21% cited competitive pricing and adequate profitability as the biggest issue.

About 500 insurance industry executives are attending the IIS' 43rd annual seminar, which runs through Wednesday.