Download Slides:
2011 Insurance Market Outlook
December 14, 2010
Advisen hosted a webinar on December 14, 2010 to discuss the outlook of the insurance market in 2011.
The commercial property & casualty insurance industry is overcapitalized, which fuels price competition. Insurers look to put excess capital to work, which results in a glut of insurance capacity and a highly competitive market. One or more large natural catastrophes could soak up excess capacity, leading to higher premiums across the board. In the absence of large losses, however, the soft phase of the commercial insurance pricing cycle, which began in 2004, continues unabated. Along with favorable prices, competitive conditions have enabled some larger insurance buyers to negotiate broader coverage under their policies.
Download the slides from the Advisen Webinar: The Insurance Market in 2011
