Growing competition among insurers welcome news

I wonder why the regulator would say the sector is not growing while they posted 11.6%, 9% and 16% in assets, capital and premiums, respectively, in 2015. This is a healthy growth trend.
3 months ago Chez Lando hotel got fire. (Nadege Imbabazi)
3 months ago Chez Lando hotel got fire. (Nadege Imbabazi)
Times Reporter