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Regulation and human talent emerge as top risks for insurers in Singapore

Regulation and human talent emerge as top risks for insurers in Singapore

PRESS RELEASE


For release on Wednesday 15 July 2015
REGULATION AND HUMAN TALENT EMERGE AS TOP RISKS FOR INSURERS IN SINGAPORE

‘Banana Skins’ poll reflects industry risk perception

Insurance Banana Skins 2015 Singapore results (Global ranking in brackets) 1 Regulation (1) 2 Human tale

PwC: Disruption is the new reality in the global insurance industry

PwC: Disruption is the new reality in the global insurance industry

Date Monday, 15 June 2015 Contact Candy Li
Tel: +65 6236 7429
Mobile: +65 8613 8820e-mail:
candy.yt.li@sg.pwc.com  
Pages 3
PwC: Disruption is the new reality in the global insurance industry
Singapore, 15 June 2015 -- The pace of change in the global insurance industry

Beyond Digital: Empowered Consumers Seek Out Tailored, Inspiring Content Experiences that Transcend Platforms

Total worldwide entertainment and media revenues will rise at a CAGR of 5.1% over the coming five years, from US$1.74trn in 2014 to US$2.23trn in 2019, according to PwC’s Global entertainment and media outlook 2015–2019. In Singapore, entertainment, media and media revenues are expected to rise at a CAGR of 5.4% over the next five years, from US$5.2 bn in 2014 to US$6.8bn in 2019.

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