Insurance News

Posts Tagged ‘Brokers

Soft insurance rates and the weak U.S. economy’s reduction of exposure levels weighed on the largest publicly traded brokers’ earnings during the first half of the year, analysts say.

“Broadly speaking, things are not great,” said Meyer Shields, an analyst with Stifel, Nicolaus & Co. Inc. in Baltimore. “In general, the head winds that the brokers faced last year are getting lighter, (but) they are not going away. The economy is still Read the rest of this entry »

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Twenty percent of agents and brokers in a reader poll said they are considering using social networking for marketing, but less than 25 percent currently employ it, according to an exclusive American Agent & Broker survey.

Published in AA&B?s December issue on Internet marketing, the unscientific survey suggests that although agents may still be holding back from full involvement in social media, interest is strong in reaching customers Read the rest of this entry »

While hopes were high for the 2009 reinsurance market after the troubles of 2008, many rate expectations were not met, although capacity has remained steady, reinsurance brokerages reported.

In a study released today by Willis Re, Chief Executive Officer Peter C. Hearn commented that previous speculation was that global reinsurers would see “an acceleration in rate increases over the next 12-to-18 months as reinsurers sought to deliver Read the rest of this entry »

Revenues for the U.S. insurance brokers and agencies industry should begin picking up by the second quarter of next year and expand by 3.4 percent per year over the five years ending 2014, according to a business research firm.

IBISWorld also said that over that outlook period it forecasts revenue and profit volatility will be moderate as the primary insurance market hardens and then softens. The firm projected tough times ahead for small Read the rest of this entry »

Revenues for the U.S. insurance brokers and agencies industry should begin picking up by the second quarter of next year and expand by 3.4 percent per year over the five years ending 2014, according to a business research firm.

IBISWorld also said that over that outlook period it forecasts revenue and profit volatility will be moderate as the primary insurance market hardens and then softens. The firm projected tough times ahead for small Read the rest of this entry »

Revenues for the U.S. insurance brokers and agencies industry should begin picking up by the second quarter of next year and expand by 3.4 percent per year over the five years ending 2014, according to a business research firm.

IBISWorld also said that over that outlook period it forecasts revenue and profit volatility will be moderate as the primary insurance market hardens and then softens. The firm projected tough times ahead for small Read the rest of this entry »

Revenues for the U.S. insurance brokers and agencies industry should begin picking up by the second quarter of next year and expand by 3.4 percent per year over the five years ending 2014, according to a business research firm.

IBISWorld also said that over that outlook period it forecasts revenue and profit volatility will be moderate as the primary insurance market hardens and then softens. The firm projected tough times ahead for small Read the rest of this entry »