“According to research by Everest Group, the insurance sector – which spent $2bn in 2011 – will spend between $3.4bn and $3.6bn in 2015, and more than $700m worth of renewels will be available each year. It also showed the property and casualty (P&C) insurance sector will grow at twice the rate of the more mature life and pension (L&P) segment. L&P accounts for 60% of total spending, according to Everest Group.” Read More.
