"This comes at a time where the inflationary environment continues to make it difficult to properly insure to value in property lines as well as project ultimate losses in longer-tailed casualty lines," Fitch Senior Director Douglas Pawlowski said in a release. Credit: Nuthawut/Adobe Stock
The U.S. excess and surplus market is anticipated to see its second consecutive year of direct underwriting profits, according to Fitch Ratings, which reported nearly all lines are seeing double-digit premium growth due to higher prices.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
