Although often likened to a pendulum, the E&S market operates “more like a satellite system in orbit” where niche markets develop their own cycles compared to an entire segment operating in unison, according to Vantage CEO of insurance Alex...
E&S market cycle ‘more like a satellite system’ than pendulum: Vantage’s Blanco
The executive noted that whether in property or casualty, areas of the market will be profitable even as new entrants come in.