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Organic Revenue Growth Trends Among the Leading
Brokers
(Click here to review)
The composite organic growth rate for selected
public brokers continued to rebound in the third
quarter of 2006 after breaking into the positive
during the first quarter of 2006. However,
going forward it is highly likely we will see
the organic growth rate composite for public
brokers head back into the negative as the
market continues to soften and competition
intensifies for certain highly sought after
classes of risk.
More>
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Council of Insurance Agents and
Brokers' Quarterly
Commercial Insurance Index
(Click here to review)
A primary driver of the financial health of
the insurance industry is the “State” of the rate cycle.
Based on data compiled by The Council of Insurance Agents &
Brokers (CIAB),
the Commercial Property/Casualty Market Index for the fourth
quarter of 2006 continued to reflect rate softening. As the
accompanying charts show, the magnitude at which rates were
decreasing at an increasing rate during the fourth quarter
crept up slightly from recent previous quarters; thus
indicating that rates continue to trend downward, now at a
faster pace, towards a yet to be known soft market trough.
Baring any unexpected shock loss events, rates are expected
to continue to soften well into 2007. A lot more about rate
changes will become evident upon the completion of the busy
first quarter renewal season. More>
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