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Insurance coverage is shifting from the admitted to the surplus and surplus market – here is why

whysavetoday by whysavetoday
May 9, 2025
in Insurance
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Insurance coverage is shifting from the admitted to the surplus and surplus market – here is why
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  • market traits  
  • premium traits 
  • premiums by insurer 
  • main brokerages by premiums 
  • main carriers by premiums 
  • surplus premiums by sector 

Householders drive report progress in private strains premiums and transactions 

In 2024, premiums for the excess strains sector totaled $19.1 billion, up from $16.6 billion in 2023. The rise in owners’ insurance policies contributed to this notable surge. Via the third quarter of 2024, the Surplus Traces Affiliation recorded a 330 p.c improve in owners coverage transactions and a 169 p.c bounce in premiums. 

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Tags: admittedexcessHeresInsuranceMarketshiftingSurplus
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