US P&C pain presents growth opportunities for E&S: Ryan

Deteriorating underwriting results in the US commercial insurance
sector could provide growth opportunities for the excess and
surplus lines (E&S) market, according to Ryan Specialty
chairman and CEO Pat Ryan.
Speaking at the Wholesale Specialty Insurance Association event
in San Diego last week, the executive said that it was unlikely
that hurricanes Harvey and Irma would have enough of an impact on
industry capital to create a market turn.
That was because the industry capital base had gro