NU Online News Service, Oct. 29, 3:35 p.m. EDT

The current soft market in the commercial insurance markets is unsustainable in the long-term, but hardening of insurance prices will only be seen when insurers and reinsurers start to significantly eat into capital reserves, according to an insurance broker's report.

Kansas City, Mo.--based insurance broker Lockton issued its fall 2010 market report saying that buyers continue to have the advantage in a property and casualty market that remains soft.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.