RJ and Makay

Wednesday, May 23rd

Open Positions | Careers | Privacy Policy | Bookmark | FAQ | Contact Us  

You are here: Tags Deepwater Horizon
http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/537321header_1.jpg http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/963038header_2.jpg http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/981787header_3.jpg http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/923473header_4.jpg

RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Deepwater Horizon

Will the soft market in commercial lines improve anytime soon?

Posted by RJ and Makay on Dec 15, 2010
>> Read More RJ & Makay Blog Posts

Some Insurance Market Turnaroundsobering news for the commercial lines P&C industry: The soft market isn't likely to loosen its grip on the industry in the near future and will probably persist through 2011.

According to "The Insurance Market in 2011: The Lingering Effects of the Recession Fuel Competition,” a report by consulting firm Advisen, commercial lines P&C insurance companies saw their pricing gains of the 2001-2003 hard market disappear during the Great Recession. Though it may seem there's nowhere for today's rock-bottom prices to go but up, the current economy simply won't permit an increase anytime soon.