NU Online News Service, Dec. 12, 1:35 p.m. EST
The pricing cycle is entering a phase that is “not in any way a traditional hard market,” according to analyst firm Keefe, Bruyette & Woods, as prices have bottomed and even risen in some cases, but capital remains plentiful.
KBW's views come on the heels of other reports and observations about whether the market is hardening, remaining competitive, or whether the traditional view of a market cycle is even relevant anymore.
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