The Conning Commentary Extract: May 2024

The Conning Commentary Extract
Survey of U.S. Insurers
The E&S Market Has Flourished In The Hard Market, But Is E&S Business Here To Stay?

E&S premiums are growing faster than the standard market in nearly all lines of business - not only in historically challenging markets such as Florida and California, but also in many lines such as cyber and other property markets. To support this growth, numerous new E&S companies have formed since 2017, with capital being provided by insurers and investors alike to capitalize on this unique opportunity. 


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May 2024