E&S premiums are going up (again!)
Excess & Surplus lines premiums are up 9.4% over this time last year, according to the Surplus Lines Stamping Office of Texas. [Infographic]
Excess & Surplus (E&S) lines continue to enjoy some of the most enviable results within the Property & Casualty insurance industry.
As of the 2018 mid-year point, Excess & Surplus (E&S) lines premiums recorded by the 15 managing service offices are up 9.4%. Premiums reported total $15.7 billion (up about $1.4 billion from a year prior), with 2.2 million transactional filings logged during the first two quarters of 2018 (5% growth over 2017). Additionally, premiums among the E&S service & stamping offices have seen a 67% increase in the past seven years.
See also: The E&S insurance sector continues to innovate and thrive
Here’s a closer look at the numbers, based on reporting from the Surplus Lines Stamping Office of Texas.