E&S outlook stable despite 2015 UW loss: AM Best

The outlook for the US surplus lines market remains stable,
despite lower top-line growth and a 2015 underwriting loss,
according to AM Best.
In its annual report on the excess and surplus lines (E&S)
sector, AM Best said that direct written premiums (DWP) increased
by 2.5 percent to $41.3bn in 2015, a slowdown from the 6.7 percent
growth seen in 2014.
The three-year trend for surplus lines growth to outstrip the
broader P&C industry also reversed, with DWP up 3.7...