Even in a softening market, the 2005 annual gross written premium for risk retention groups grew to $2,449.1 million, an increase of $252.0 million, or 11.5 percent, compared with 2004 annual premium of $2,197.1 million.
While the rate of increase has slowed in the last two years, reflecting the softening property-casualty market, RRG premium continues its double-digit percentage increases.
RRG premium has nearly doubled since 2002. Since year-end 2001, in fact, the number of RRGs has risen by more than 150, bringing the total number of RRGs to 234 as of July 2006.
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