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Increasing demand for insurance, government regulations and growing competition are anticipated to spur future growth.

A new report from USI provides a look at the current market conditions across six P&C product lines.

Premium growth in the region is expected to rebound this year after contracting 3.4% in 2020.

Among GMI rated by S&P, the past year proved to be an earnings event for the industry but capital remained unchallenged.

Dominated by P&C insurers, the ranking uses factors such as financial risk profile and strength.

Insurance premiums are expected to surge 7.1% as the economic recovery and hard market increase exposures and rates.

The industry showed resiliency in the face of the pandemic, as combined ratio also showed gains.

The annual Agency-Insurer Connectivity Report reveals how digital initiatives can be designed for the benefit of all stakeholders.