intense competition

Soft Commercial Insurance Market Conditions Set to Continue into 2011: Marsh

January 27th, 2011

Soft commercial insurance market conditions persisted throughout the United States in 2010 and are poised to continue into 2011, according to a comprehensive report published today by Marsh.
Key commercial insurance market drivers from 2009—including intense competition among insurers, abundant capacity, and relatively few insured catastrophe losses—continued through 2010 and are forming market conditions for 2011, [...]