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Delegated authority ups premium share again in ’23, warrant oversight

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23 May 2024Insurance

Delegated authority ups premium share again in ’23, warrant oversight

Delegated underwriting authorities (DUAE) increased their direct written premiums by 14.9% in 2023 in the US, with growth-hungry new carriers and a focus on specialty lines and E&S channels driving growth, a review of NAIC filings by ratings agency AM Best has indicated.

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