In a different sector, another CEO is in broad agreement. Lockton’s focus is the middle market and upper specialty. CEO of Lockton Pacific, Marcus Pearson (pictured right), also suggested the soft market has probably reached its floor. “We’re not seeing any signs of softening,” he said. “If you look at the share price performance of the really large global listed brokers over the past several months, you can see the analysts aren’t believing it either, because they’re seeing depressed earnings going forward.”