By the numbers.Soft Market Continues MarketScout, the property/casualty insurance exchange that reports monthly on market trends, said its April numbers show a 2% reduction in property/casualty insurance premiums. Property coverage premiums saw a 3% drop. "Underwriters are reducing premiums, but are clearly exercising an analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. measured approach, interest rates aren't aren't Contraction of are not. See Usage Note at ain't. aren't are not aren't be high enough for the market to seriously consider the time value of money," said MarketScout's Chief Executive Officer and Chairman Richard Ri·chard , Joseph Henri Maurice Known as "Rocket." 1921-2000. Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a Kerr Kerr , Walter 1913-1996. American playwright, writer, and drama critic for the New York Herald-Tribune (1951-1966) and the New York Times (1983-1996). In 1978 he won a Pulitzer Prize for criticism. .
Premium Trends by Industry Sector
April 2005
(%)
Rate Increase/Decrease
Contractors 0%
Service Industries -4%
Manufacturing -5%
Energy 0%
Habitational -4%
Public Entities -2%
Transportation 0%
Source: MarketScout
Note: Table made from bar graph.
Premium Trends by Account Size
April 2005
(%)
Rate Increase/Decrease
Small 0%
Medium -2%
Large -4%
Jumbo -7%
Source: MarketScout
Note: Table made from bar graph.
Premium Trends by Lines of Coverage
April 2005
(%)
Rate Increase/Decrease
Property -3%
General Liability -2%
Excess Liability -2%
Auto 1%
WC -2%
Professional Liability 0%
Source: MarketScout
Note: Table made from bar graph.
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