Reality or Wishful Thinking: Is the Admitted Market About to Get Hammered?

The softness of the current insurance market has impacted everyone. One specific way in which it has impacted the E&S market is that admitted carriers (to increase premium intake) have underwritten risks that usually reverted to the E&S market. Some professionals believe that the worm is about to turn as the admitted carriers flee the newly written risks because of bad loss ratios — The question is — when? And to that question, no-one knows the answer.

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