Scrutinizing sentiments
Professional Broking's latest sentiment survey provided the focus for a recent round-table discussion between insurers and brokers. Uncertainty over rates, regulation costs, poor service and threats to SME business from direct writers were on the agenda. Alex Broad reports
David Worsfold: The feeling in the market is that it is softening. Are rates softening?
David Grant: They are bumping along at the moment. We must not forget that claims inflation is still out there and will not go away.
Peter Staddon: Is it the fact that there are more claims in the market or is it because the address on liability market was too much for it to then come back to an equilibrium?
Francois-Xavier Boisseau: It depends on the market. On commercial, the dynamic created by the liability
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