Brokers remain confident but only just, according to survey
Insurance brokers remain optimistic about the overall business situation in the sector, but at a markedly lower level than previously, according to a report by the CBI and PricewaterhouseCoopers.
The quarterly survey of UK financial services found that 5% more insurance brokers were more optimistic than were less optimistic about the sector's business situation. The figure is a substantial fall from the previous survey in December 2010 which reported a net 48% being more positive.
In December 2010 the survey reported brokers showing a negative outlook for volumes of business in the next three months however this has now switched to a balance of 12% being positive about future trends
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