AM Best Revises U.S. Excess and Surplus Lines Segment Outlook

AM Best has announced a revision of its market segment outlook for the U.S. excess and surplus lines segment, changing it from positive to stable. This adjustment is attributed to several factors:

• Softening rates in the market.

• Moderation in premium growth.

This change reflects the current trends and conditions within the insurance market, indicating a more cautious outlook moving forward.

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