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Two corporate risk managers reported very different results with enterprise risk management (ERM) progress at their companies during a recent webinar.

A survey on four commercial lines suggests that the soft market may be bottoming out, according to the Risk and Insurance Management Society, Inc.

A survey on four commercial lines suggests that the soft market may be bottoming out, according to the Risk and Insurance Management Society, Inc.

Two corporate risk managers reported very different results with enterprise risk management progress in their companies during a webinar this week.

Commercial prices continued to fall in the first-quarter of 2011, according to a pricing index based on reports from risk managers, but overall pricing remains 15 percent higher than levels recorded at year-end 2000.

As one property and casualty industry report points to rising combined ratios for insurers, with experts citing the need for better underwriting results, a separate analysis of first-quarter industry figures indicates the commercial-lines market may be starting to turn.

In spite of the fact that commercial renewal prices continued to fall in the first quarter, a composite pricing index based on reports from 1,200 risk managers shows that prices are still 15 percent higher than at year-end 2000.

Industry reports released over the past week show that plenty of capacity still remains for property and casualty lines, but the direction of pricing remains uncertain.