Is a Hard Market in the Cards for 2009?
Some insurance company executives are trumpeting the return of the hard market, but Advisen insurance program data from risk managers and brokers show that soft market conditions persist in most lines of business. The Insurance Market in 2009: A Market Poised for a Change, a new Briefing from Advisen, examines the forces at work on commercial insurance premiums, claims and investment income in 2009, providing risk managers, brokers and underwriters valuable insight into a commercial insurance marketplace buffeted by volatile and unprecedented influences.
State of the Market with Aon, III, and Swiss Re
Is the hard market here? If not, when will it arrive? How will it differ from prior hard markets? Advisen's Jim Blinn moderated a panel including Aon's Eric Anderson, Advisen's Dave Bradford, Swiss Re's Bob Petrilli, and Insurance Information Institute's Steven Weisbart on Wednesday, May 13th.
They discussed pricing trends by line of business, how the credit crisis and recession will impact capacity, near-record catastrophe losses in 2008, distressed insurance companies, and how M&A could transform the US commercial insurance market.
If you missed the webinar please click below to download the slides or purchase the recorded report.
