Boston--Rating agency scrutiny is currently focused on monoline property-catastrophe reinsurers, but changes to evaluation models they're introducing could impact the wider insurance industry--even in professional liability lines, experts here said.
In the aftermath of this year's hurricanes, the rating agencies are going to require more capital from the monoline property writers, said V.J. Dowling of Dowling & Partners, based in Farmington, Conn.
"You may see some of these...monoline writers being forced to put capacity into some of the specialty markets," Mr. Dowling said during the opening session of the Professional Liability Underwriting Society International Conference.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
