The rate of premium growth decelerated for most of the companies in our P&C universe in 2014 as carriers faced fierce competition, softening reinsurance pricing and stagnant demand for risk transfer, forcing them to revise their growth strategies.
The rate of premium growth decelerated for most of the companies in our P&C universe in 2014 as carriers faced fierce competition, softening reinsurance pricing and stagnant demand for risk transfer, forcing them to revise their growth strategies.