E&S Carrier Tightens Underwriting, Narrowing Casualty Placement Options
1 report, 1 independent
Updated Wed 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
James River Group Holdings, Inc. recorded a 22% decline in gross written premium in the third quarter of 2026. The Excess and Surplus (E&S) segment saw its gross written premium fall 19% compared to Q3 2025. Despite an 8% year-over-year growth in new and renewal submissions, the company attributed the decline to deliberate underwriting discipline and a strategic focus on smaller accounts, which narrows placement options for brokers working non-admitted casualty and product liability risks.
Why it matters
The carrier's selectivity across product liability and larger casualty accounts reflects conditions in the broader E&S market. This trend of narrowing placement options affects brokers who handle non-admitted risks.
Who's involved
- RPSFunctions as a division of Arthur J. Gallagher & Co.
- Arthur J. Gallagher & Co.Is the parent company of RPS
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The entities involved
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RPS
Slovak company
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