MGAs outgrew P&C market in 2016: Conning

Growth in the MGA and program market outpaced the broader
property and casualty (P&C) market by 1.2 percentage points
last year, according to data from Conning.
A study of the market showed 3.7 percent growth for the P&C
sector overall last year, but MGAs managed to expand at a 4.9
percent rate despite the ongoing soft market cycle compressing
overall growth year-on-year, the Hartford, Connecticut-based
investment management and research firm said.
Conning vice president of insurance res