US results: Property E&S growth continues as casualty balances inflation risks
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US results: Property E&S growth continues as casualty balances inflation risks

London Financial District Skyline

With US third-quarter reporting season well underway, the results so far highlight further runway for the hard property excess and surplus (E&S) market and a balanced outlook for casualty writers weighing up social inflation risks.

A high catastrophe loss toll for many US domestics in Q3, reflecting costly hailstorms, Hawaii fires and other mid-sized events, underscores the reason for rate hikes on property business – although the pattern of losses should leave the London...

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