Conning: Cycle turn will challenge E&S profitability but more business will stay in sector
By David Bull
Published: Tue 10 Dec 2024
The inevitable soft market will make it more challenging for E&S carriers to maintain profitability, but the trend toward increasing specialisation, customisation and risk segmentation means that the level of premiums in the segment is likely to drop off by less than in past cycles, according to Conning.