Premiums written by the U.S. excess and surplus lines market fell nearly 5 percent to $11.5 billion in the first half of 2010, according to a report prepared by Highline Data exclusively for National Underwriter.

If a harder insurance market or some economic improvements do not come together to drive E&S premiums up dramatically in the second half of this year, the segment will suffer a record-setting four straight years of premium declines.

According to Highline Data (www.highlinedata.com)–a data affiliate of The National Underwriter Company–comparable premiums for the U.S. E&S market totaled $12.1 billion for the first six months of 2009.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.