AM Best has released the 2009 review of the excess & surplus lines (E&S) insurance market (see here, PW protected?), called 2009 Special Report, U.S. Surplus Lines ? Market Review. The annual review is conducted by AM Best from a grant provided by the Derek Hughes/NAPSLO Educational Foundation and has been produced annually for a number of years. The review notes: Market competition has driven both premiums and profitability down Surplus lines premium totaled $34.4 billion in 2008, while the...
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