Sentiment insight
The Sentiment Survey published in this edition of PB reflects brokers' fears about insurers competin...
The Sentiment Survey published in this edition of PB reflects brokers' fears about insurers competing for growth and softening the market. But these appear optimistic in growth terms. As the size of the market will fall, very few brokers will achieve any growth in the next 12 months unless they acquire. I also think they are optimistic about Katrina. The UK market is too profitable for insurers not to compete and they may in fact divert capacity away from the Gulf of Mexico and energy into the
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