Mainstream insurers regain appetite for high-risk market
Article Abstract:
The reentry of mainstream insurance companies into the excess and surplus lines market is putting pressure on nonadmitted specialists in these areas to cut prices and take on risks their counterparts avoid. Some are concentrating on small accounts in loss-sensitive lines with minimal exposure. Specialists have benefited from higher demand for catastrophe insurance in Florida and California, but are experiencing price pressure in casualty lines.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1995
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Corporate downsizing spawns a growing E&S market
Article Abstract:
Insurance companies are developing excess and surplus (E&S) lines targeted at small consultancies. Corporate downsizing is also causing growing demand for employment practices liability insurance products for employee leasing companies. E&S underwriting generates better loss ratios than standard lines of insurance. Insurers are also seeking growth opportunities in the property-catastrophe insurance market.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1996
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Surplus lines study finds industry has matured
Article Abstract:
A. M. Best Co's '1995 Solvency Study of the Excess and Surplus Lines Industry' shows that this segment has generally outperformed the rest of the property/casual insurance industry. Consolidation between surplus lines carriers has created financially stronger companies for policyholders. Larger national companies are shedding noncore or difficult business lines which contributes to further growth.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1995
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