The airline-insurance industry should be profitable this year if there are no major losses. Additionally, soft-market pricing and ample capacity should continue into 2012, according to Aon Risk Solutions.
Insurance-company executives, a global broker and analyst firms are weighing in on whether the market is hardeningand their responses include yes, maybe, and a debate over whether the traditional hard- and soft-market cycles are even relevant anymore in the marketplace.
In a report focusing mostly on the energy-insurance market, insurance broker Willis took time to discuss the global insurance-pricing cycle, stating a market turn, which many feel is already beginning, is not necessarily guaranteed to occur just yet.
After some initial signs of a market turn, airline insurance appears to be showing signs of continued softening as the bulk of the aviation industry seeks year-end renewals, says a report from Aon Risk Solutions.
After some initial signs of a market turn, airline insurance appears to be showing signs of continued softening as the bulk of the aviation industry seeks year-end renewals, says a report from Aon Risk Solutions.
Property and casualty insurance rates won't begin to significantly firm up before 2011, according to the most recent industry forecast from Conning Research & Consulting...
Property and casualty insurance sector rates will begin to firm up in 2011, according to the most recent industry forecast from Conning Research & Consulting.
Property and casualty insurance sector rates will begin to firm up in 2011, according to the most recent industry forecast from Conning Research & Consulting.
A competitive market landscape has perpetuated flat commercial insurance prices during the fourth quarter of 2009, according to Towers Watson, a global professional services company.
The hard market for financial institutions' insurance is unlikely to last through to the end of 2010, according to the latest Willis FI Index from insurance broker Willis Group Holdings.