Brokers gain in rough economy
Brokers frightened of a recession should bear in mind that the worst decade for the British economy ...
Brokers frightened of a recession should bear in mind that the worst decade for the British economy since the last war - the 1970s - were boom times for the broking sector.
We know that a property and casualty insurer is a mutual fund with an expensive hobby. When the mutual fund does badly then the expensive hobby has to pay its way. Although Munich Re recently claimed that there is $100bn of excess capacity in the reinsurance market to be soaked up before rates can harden, we must expect that
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