Risk Retention Group Growth RateAccelerates

Annual RRG premiums soared 37.4 percent in 2003 to$1.737 billion

While annual premiums for risk retention groups have increasedalmost every year since passage of the Liability Risk Retention Actin 1986, the growth rate has escalated as RRGs continue to form inunprecedented numbers.

Annual premiums for risk retention groups in 2003 totaled $1.737billionan increase of 37.4 percent over 2002s figure of $1.265billion. Three RRGs wrote over $100 million, 11 wrote from $30million to $100 million, and 18 wrote between $10 million and $30million.

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