The 2022 mid-year report for the U.S. Surplus Lines Services and Stamping Offices show the segment's premiums have already surpassed $31 billion, compared with $24 billion in the same period year prior. The 15 stamping offices have all reported premium increases through 2022's first half, according to AM Best research. (Credit: Diki/Adobe Stock) The 2022 mid-year report from the U.S. Surplus Lines Services and Stamping Offices shows the segment's premiums have already surpassed $31 billion, compared with $24 billion in the same period year prior. The 15 stamping offices have all reported premium increases through 2022's first half, according to AM Best research. (Credit: Diki/Adobe Stock)

In 2021, direct premiums written in U.S. surplus lines grew 25% year-on-year to reach a record $82 billion, according to AM Best, which noted the "exceptional" gains came on the back of improved underwriting and operating results despite a year of challenges.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

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