Market upbeat despite soft conditions

Spotlight on finance

Insurers have released their financial results for 2014 and the figures paint the picture of a soft market with challenges ahead.

While several of the bigger insurers have seen reductions in gross written premium over the 12 months others have achieved increases, but all in all it has been a relatively flat year with little movement across the board.

The results came as no surprise to equity analysts. Several of the experts Insurance Age spoke to pointed out that the UK insurance industry had re