US dimension

US casualty market a challenge in 2022, says Amwins

The US casualty market will continue to be a challenge in 2022, with submission activity and gross written premium at an all-time high in the E&S marketplace, according to Amwins’ “Q1 2022 Pricing Guidance for Key Industries”. The broker notes that 2020 present the hardest casualty market in 18 years, explaining that much of the disruption experienced has been in the excess liability space where carriers decreased limits, raised attachment points and increased rates to levels not seen in decades.