Commercial E&S

Insureds that have taken higher retentions or less limit due to increased cost could be exposed this year if there is a major cat event, according to Swiss Re’s Kyle Burnett.

Everest is expecting to appoint a leader to head up the new wholesale operations over the next 30 to 45 days.

Inside P&C considers some key themes attendees at this year’s conference should be considering on the boats and marinas of San Diego’s harborside.

Everest North America insurance president Mike Mulray will head up the business on an interim basis while the carrier appoints a permanent unit leader.

Ratings agency AM Best has revised its outlook to negative for Realign Insurance Group, which includes American Summit, National Summit and Summit Specialty Insurance.

However, data also shows that the pace of growth overall in the E&S market has slowed in recent years in terms of premium and number of transactions.

Inside P&C’s news team runs you through the key highlights of the week.

It is more dependent on property, and its longevity is uncertain.

Need to Know

Florida posted 8% growth for August, marking a stark decline from 48.8% in July, while Texas’s surplus line premium grew 16.7% year-on-year, down from 28.1% the previous month.

Inside P&C’s news team runs you through the key highlights of the week.

It marked the highest YoY growth this year, followed by 46% growth in January and 40% in June.