Advanced market slowdown hitting premium growth: Swiss Re

Lower growth in major developed markets has hampered primary
non-life premium growth despite an overall increase of 2.3 percent
last year, according to Swiss Re.
In the reinsurer's latest Sigma report, released today, it
attributed the slower growth to soft rates and economic conditions
across those countries, with all advanced insurance markets posting
lower premium growth with the exception of Oceania.
North American premium increased by 1.0 percent compared to
2015, while Western Europe grew