Buyers Brace For Long Haul Conditions in the reinsurance market may have a trickle-down effect to commercial insurance buyers. But when National Underwriter contacted a group of buyer representatives about conditions in the reinsurance market and their implications recently, the activities of front-line insurance companies were also top of mind for these executives.

Michael R. Mead, president of M.R. Mead & Company LLC, a consulting intermediary in Chicago, said that finding coverage is still possible for insurance buyers. “But it’s like a game of musical chairs in which about half of the chairs are gone,” he said. “There are some classes of business, such as doctors and hospitals, where it is almost impossible to get coverage.”

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.