Insight and Intelligence on the London & International Insurance Markets

4 February 2012

No end in sight for US P&C soft market: Advisen

26 October 2009

The recession will continue to drive down demand for the ample insurance capacity in the US property casualty market and keep pressure on pricing in 2010, according to a report by Advisen.

The information provider's outlook on 2010 is bleak: "Like the zombies in the classic horror film, Night of the Living Dead, the soft insurance marketshould be dead and buried, but it continues to lurch on, terrorizing underwriters and brokers… Turmoil in the world economy and in the commercial...

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