Brokers remain confident but only just, according to survey

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