If the economic recovery continues pace, the persistence of soft pricing in property/casualty commercial lines may be coming to an end, a new report from Conning Research states.
The most recent edition of Conning’s “Property-Casualty Industry Forecast & Analysis,” forecasts moderate net premium growth of between 3% and 4% for 2011, but adds that deterioration in underwriting results of about a percentage point is to be expected.
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