X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Risk Management Solutions’ Version 11 catastrophe model is shifting rates higher and causing some risks to move from the admitted market back to excess-and-surplus-lines carriers, but the leader of one managing general agent group is concerned about the model’s overall impact on underwriting practices.

During the 86th annual meeting of the American Association of Managing General Agents, Immediate Past President Mark Rothert said RMS 11 is affecting the availability and cost of reinsurance—causing some risks to move out of the admitted markets.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.