Insurer appetite waning in food industry, says Aon

Picnic

However, Aon claims other sectors are likely to see little rate change

Insurers may reduce the amount of capital they are willing to commit to the food industry in Q4 2009 and into 2010, according to Aon.

Aon said that only companies that can evidence a constructive and proactive approach to understanding and managing risk will maintain a positive response from insurers.

By comparison, nearly all other UK sectors are likely to see little change in rates for property, liability and motor insurance if renewing their policies in Q4, according to Aon’s Market Pulse

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