Excess and surplus line carriers had a particularly strong showing during this past year, according to S&P Global's list of the top-rated U.S. property & casualty insurers, with four of the top eight spots going to E&S carriers.
According to Tim Zawacki, principal research analyst at S&P Global Market Intelligence, E&S lines insurers are rapidly growing as capacity demands for coastal areas continue to outpace supply.
"The U.S. Property and Casualty Insurance Performance Rankings, which gave several leading E&S carriers top marks for both growth and profitability, suggest that public and private investors' recent enthusiasm for this business model has been well place," Zawacki said in a release.
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:
- 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? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
