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Insurance Regulation & Accounting

Economy concerns beat over-regulation in PwC poll

Concerns over a downturn in the global economy have beaten over-regulation to be the top threat to growth troubling global chief executives, according to PricewaterhouseCoopers’ annual survey. Over-regulation has become a common sight at the top of polls surveying executives’ biggest concerns over the past few years but in this year’s Annual Global CEO Survey, the percentage of executives claiming to be extremely concerned about over-regulation has dropped to 22% from 33% last year and the percentage saying they are somewhat concerned has slipped from 40% to 37%. The survey still puts over-regulation in the top three concerns affecting chief executive officers but in this year’s survey 28% said they were not very concerned about over-regulation and 12% said they were not at all concerned, up from 21% and 6% respectively.

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