Surprise! Small Insurers Prosper
NU Online News Service, Sept. 16, 4:08 p.m. EST?A consulting group said they have made the unexpected finding that small property-casualty insurers have prospered at almost double the rate of bigger firms.
According to the study by Conning in Hartford, Conn., between 1996 and 2000, small insurers increased their direct written premiums by 24.7 percent, nearly twice the 12.8 percent growth achieved by their large insurer counterparts.
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