E&S 保险：新挑战、新解决方案.pdf

1、E&S Insurance:New Challenges and SolutionsLauryn Kothavale,Conning2Conning Insurance Research:Total Coverage,Deep Knowledge Total Industry CoverageProperty-CasualtyLife AnnuitiesHealthExperienced Team17 professionalsAverage experience of 21 yearsDiverse skills and experiences across insurance indust

2、ryUnique OfferingsProduces over 100 reports annuallyVarious subscription offeringsCustomized consulting solutions*As of January 1,2024Introduction The E&S(excess and surplus lines)insurance market has experienced significant growth and plays a crucial role in the insurance industry Growth has typica

3、lly been cyclical(relief value for the industry)E&S market has recently attracted attention Moving forward,E&S is going to play a more consistent role in marketplaceAgenda Market Overview Players Performance Analysis Distribution OutlookE&S Market OverviewE&S Premium More Than Doubled Since 2019Grow

4、th in E&S Direct Premium Written$in billions0%5%10%15%20%25%30%35%$0$20$40$60$80$100$12020162017201820192020202120222023 2023H12024H1$Amount%Change*Full year figures include Lloyds,half year does not include LloydsPrepared by Conning,Inc.Source:Copyright 2024,S&P Global Market IntelligenceShifting B

5、alance:Property Lines Gain GroundE&S Business Mix20182023Other Liab.Other Liab.FireFireAlliedAlliedCMPCMPComm.AutoComm.AutoMPLMPLInland MarineInland MarineProducts Liab.Products Liab.HomeownersHomeownersAll OtherAll OtherPrepared by Conning,Inc.Source:Copyright 2024,S&P Global Market IntelligenceGL

6、and Comm Property Dominate Commercial E&SDistribution of Direct Premium by Commercial Line,E&S 2023Distribution of Direct Premium by Commercial Line,Total Industry 2023Other Liability25%Fire&Allied16%CMP12%MPL3%Comm.Auto13%Products Liab.1%Inland Marine8%Earthquake1%All Other21%Other Liability52%Fire