US surplus lines industry posts largest annual premium growth in 18 years: AM Best
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US surplus lines industry posts largest annual premium growth in 18 years: AM Best

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The US surplus lines market recorded 17.5% growth in direct written premium (DWP) in 2020, the largest year-over-year premium increase since 2003, according to AM Best.

The ratings agency said DWP rose to $66mn, up from $54mn in 2019.

The growth followed 11.2% gains in 2018 and 2019, AM Best said in a market segment report.

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