Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The top story of 2007 was headlined, “Prices Plummet, With No Letup In Sight,” and not much had changed by the end of the first quarter this year.

Indeed, the headline on NU’s April 21 cover remained grim for insurers: “No Light Seen At The End Of The Soft Market Tunnel.” The story reported that price-cutting was continuing, with capacity still abundant and catastrophe losses low, and no turnaround anticipated in the near term.

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


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

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 PropertyCasualty360.com now!

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

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.