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E&S insurance midyear premiums reflect market uncertainty

Surplus lines growth continued during the early days of the global pandemic, but the number of filings shrunk in several states.

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Each of the 15 stamping offices reported premium increases for mid-year 2020 with eight states reporting double digit percentage increases. While transaction counts were down overall, nine states reported increases. (Wholesale & Specialty Insurance Association) Each of the 15 stamping offices reported premium increases for mid-year 2020 with eight states reporting double-digit percentage increases. While transaction counts were down overall, nine states reported increases. (Wholesale & Specialty Insurance Association)

Midyear surplus lines premium assessments reported by the 15 stamping and service offices in the United States illustrated the strong momentum the excess and surplus lines market had as 2020 began as well as the creeping impact of the COVID-19 pandemic as the year unfolded.

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Elana Ashanti Jefferson

Elana Ashanti Jefferson

Executive Editor Elana Ashanti Jefferson is a veteran journalist and communications professional. She can be reached by sending email to [email protected]

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