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Nally also echoed the concern that governments may go too far in introducing new regulations.
FORBES: Confidence Up, Jobs Lag
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Mr Nally crosses his arms across his monogrammed shirt, for the first time looking a touch defensive.
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"I would sum it up by saying I think we're in a period which is a stubborn recovery, " says Nally.
CNN: Global CEOs lack confidence in 2013
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RSA's head of marketing and public relations Patrick Nally said that they were delighted to sign the deal with Cricket Ireland.
BBC: Irish cricket obtains new sponsor
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The most upbeat country was Russia, where 66 percent of CEOs are "very confident" of revenue growth in 2013, Nally said.
NPR: CEOs Head To Davos More Pessimistic About 2013
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As for the essential agenda for businesses, Nally says CEOs are "getting back to basics, " focusing on internal growth and risk management.
FORBES: Confidence Up, Jobs Lag
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"We want our consumers to be able to pick up that product and go home and get a really great end look, " Ms. Coleman-Nally says.
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Nally, chairman of PwC International, told the paper this weekend.
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"We've got to start to rebuild that trust, " Nally said.
NPR: CEOs Head To Davos More Pessimistic About 2013
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"I think Europe has done a great job over the last six months managing its way through the crisis, " says PwC's Nally. (But) they're not out of it yet.
CNN: Global CEOs lack confidence in 2013