Brokers paint gloomy picture

Lloyd's brokers are expecting a gloomy year ahead, according to a recent survey by advisory firm Mazars.

Researchers found more than three-quarters (78%) of respondents expected the soft market to continue for another year, while 89% said the consolidation culture would diminish the number of Lloyd's brokers. In addition, the report revealed that small brokers were even more wary, partly due to the weakness of the US dollar and the continuing uncertainty of the credit crunch.

Mark Grice, head of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact

You are currently unable to copy this content. Please contact to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: