Life Insurance CFO Survey: 77% of Respondents Concerned About Economy

More than three-quarters of the respondents to Towers Perrin's 21st quarterly survey of life insurance company CFOs report concern about their ability to achieve their 2009 growth, profit and risk objectives due to the current economic environment, and only 29% say they are well prepared to face these economic challenges.

To address these economic concerns, CFOs are taking a number of steps.