The Canadian property and casualty industry has seen a steady decline in rates within the commercial sector over the past two years. The trend appears to be continuing, even gathering momentum, into 2007. To some, this is an interesting phenomenon; for others, particularly brokers specializing in commercial lines, it is a concern.
With this context in mind, Canadian Underwriter approached the Toronto Insurance Conference (TIC) to explore the outlook for the 2007 commercial market and its effect on TIC’s 29 broker members. Since 1918, TIC has provided a forum for commercial insurance brokerage firms to address common issues. As a whole, TIC members offer a vast range of perspectives from different market segments, experiences and even geographical regions across Canada.
