After suffering some unexpectedly substantial losses, P&C standard-lines insurance carriers have waning appetites for such types of risk as Catastrophe Exposed Property and Product Liability—shifting, as a result, some of these and other exposures to the E&S market.
To get their perspective on this reallocation of risk, NU asked three top E&S executives: At what pace, at what price and in which lines are we seeing a shift of policies from traditional carriers to the specialty market?
MARIO VITALE
CEO, Aspen Insurance and President of Aspen U.S. Insurance
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