AM Best maintains outlook for DUAE segment at positive
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AM Best maintains outlook for DUAE segment at positive

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AM Best has maintained its market segment outlook for delegated underwriting authority enterprises (DUAEs) at positive, citing the segment’s sustained growth and performance on a global basis, and the ongoing ability to address underserved and emerging risks. The agency added it does not expect a sector-wide pullback of capacity in 2024.

This segment is “still burgeoning with opportunity despite capacity constraints, specifically in the property market,” the ratings agency wrote in a special report, adding that the share of premium written by DUAEs across the broader insurance market is expanding,...

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