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The surplus lines market plays a critical role in the insurance ecosystem by providing coverage for hard-to-place and specialized risks. For WSIA’s 2020 Annual Virtual Marketplace from September 10-17, read up on the unique lines and market trends impacting the specialty and E&S industry.

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The surplus lines market grew 11.2% in 2018, an increase from just under 6% in 2017, says AM Best. The surplus lines market grew 11.2% in 2018, an increase from just under 6% in 2017, says AM Best.

The odds are in surplus lines’ favor — a healthy U.S. economy, emerging risks surrounding new technologies, and operational investments fueled the sector’s growth last year, which grew 11.2%, says AM Best’s new report, “Surplus Lines Insurers Achieve Impressive Growth, Improve Operating Profitability.”

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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