US risk managers are still worried about insurers’ exposures to asbestos claims and whether the insurers have adequate reserves to meet them, according to the Risk and Insurance Management Society.

Its annual Benchmark study says risk managers believe the market is softening, with casualty lines stabilising and property risks falling. The full report, due out next week, points out that corporate risk managers are worried about insurers’ reserve problems and believe that if they’re not addressed, it could affect the return of capacity to the market.