5 September 2017Insurance

Surplus lines carriers post underwriting loss for a second straight year in US

The US domestic professional surplus lines (DPSL) insurers posted a combined ratio of 107.8 percent in 2016, its highest in 10 years excluding 2012 which was impacted by Superstorm Sandy, AM Best said in a Sept. 5 report.

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Surplus lines carriers post underwriting loss for a second straight year in US

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