Commercial E&S
-
The MGA market now makes up 10% of the overall P&C market. -
The company has reduced its exposure on large commercial auto and property.
-
Sills added that Bowhead doesn't expect a reversal of compressed limits being offered.
-
Richard Schmitzer will retire as E&S president and CEO, and Todd Sutherland will succeed him.
-
The unit grew Q1 NWP by 23% overall, led by a 27% growth in casualty.
-
The standard market has not ‘meaningfully’ impacted the rate of flow in the aggregate.
-
Customers are demanding more in a larger move towards the E&S market.
-
The firm acquired total assets of $65mn and assumed liabilities of $11mn.
-
Secondary perils are no longer so secondary, but the losses are already priced in for commercial property.
-
The ex-Ategrity CEO launched Pivix Specialty in September 2024.
-
MGA growth is still strong but has passed its 2022 peak.
-
Everest’s US wholesale business is seeking to expand its market presence.
