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California homeowners are also expected to move admitted business to E&S.
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The carrier said it is prepared to drop asset managers, lawyers, banks and brokers.
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Jack Kuhn, President of Westfield Specialty, discusses the shifting market cycles and changing landscape at RISKWORLD 2025.
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During first quarter earnings calls, insurers argued that they can mitigate volatility.
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In Partnership With ArchToday’s casualty market is “challenging” driven by shrinking capacity and tightening excess layers, said Pete McGuinness, EVP, national accounts casualty, for Arch.
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The specialty carrier is braving volatile macroeconomic conditions in a second effort to list.
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In casualty, getting significant blocks of capacity remains a major challenge.
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Flexpoint Ford has also positioned itself as a potential minority backer.
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The executive also spoke about growing organically and via M&A.
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The move will allow clients to take on larger and more complex projects
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The company has reduced its exposure on large commercial auto and property.
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Sills added that Bowhead doesn't expect a reversal of compressed limits being offered.