AM Best maintains outlook for DUAE segment at positive
AM Best has maintained its market segment outlook for delegated underwriting authority enterprises (DUAEs) at positive, citing the segment’s sustained growth and performance on a global basis, and the ongoing ability to address underserved and emerging risks. The agency added it does not expect a sector-wide pullback of capacity in 2024.
This segment is “still burgeoning with opportunity despite capacity constraints, specifically in the property market,” the ratings agency wrote in a special report, adding that the share of premium written by DUAEs across the broader insurance market is expanding,...
Uncover exclusive insights tailored for insurance leaders
- Stay Informed: Access exclusive industry insights
- Gain a competitive advantage: Hear first about tactical developments
- Make better decisions: Understand market dynamics in crucial lines of business