Property-casualty mutual firms are well positioned to compete against their publicly traded counterparts as insurance prices continue to slide, a research firm reports.
The finding was made by Hartford, Conn.-based Conning Research & Consulting in a study titled “Property-Casualty Mutuals Managing Through the Softening Cycle.”
Conning said mutuals are likely to face increased competition over the next few years due to overall capital buildup in the insurance industry.
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