Munich Re: P&C premium growth to hit 4% to 2017

Global premium growth for the P&C industry is expected to
average 4 percent in the next two years, according to Munich Re.
In real terms, the growth rate is around 2.8 percent, the
reinsurer said. The figures are roughly in line with global
economic growth.
Due to the high degree of saturation and fiercer competition,
Munich Re expects premiums in north America and western Europe to
grow moderately, by just under 3 percent, in the next two
years.
The developed...