Best's Rankings: Total US P/C Directors & Officers 2024 Monoline DPW Down 6.0%
OLDWICK, N.J. //BestWire// - Total U.S. property/casualty directors and officers monoline direct premiums written decreased 6.0% to $10.83 billion in 2024, according to a new Best's Ranking.
A number of higher ranked underwriters saw double-digit DPW decreases in the D&O market while several writers further down in the ranking had triple-digit DPW increases.
Chubb INA Group advanced to the top position from No. 2 although its 2024 DPW fell 11.8% to $959.5 million. American International Group rose to No. 2 from No. 4 as its DPW increased 4.6% to $938.7 million. Third-ranked XL America Cos. fell from No. 1 as its DPW fell 20.4% to $876.3 million.
Among the top 10, Fairfax Financial (USA) Group fell to No. 7 from No. 6 as its DPW fell 17.1% to $492.9 million.
The three-page Best's Ranking measures 2024 DPW and percent change from the previous year for the top 85 monoline D&O writers.
Subscribers can access the report and data report and data here.
Learn more about Best's News and Research Service.
AM Best data sourced from Best's Financial Suite, US.
(By David Pilla, news editor, BestWire: David.Pilla@ambest.com)