Renewals reducing
The latest PB Sentiment Survey has revealed that around 40% of brokers are seeing their commercial r...
The latest PB Sentiment Survey has revealed that around 40% of brokers are seeing their commercial renewal premiums reduce. Meanwhile, 37% are seeing commercial premiums remain the same, with 24% noticing an increase. The situation is improving in personal lines, with 46% of brokers recording an increase in renewals, 20% a reduction and 34% finding no change. The majority of brokers felt capacity is still easily available in both commercial and personal lines. (See the PB Sentiment Survey on pp.34-41.)
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