Brokers still pessimistic over commercial market

kpmg-canada-square-1

It would appear that despite recent financial woes among London Market insurers, brokers continue to be pessimistic about commercial market hardening.

A General Insurance Performance Benchmarking Survey from accountants KPMG, argued that record catastrophe losses in the first half of 2011 and lack of profit for key players meant the future for the sector overall would consist of consolidation, premium increases and a renewed focus on cost management.

However, Mark Winlow, UK head of general insu

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: