-

AM Best Revises Data in Recent Best’s Market Segment Report on Delegated Underwriting Authority Enterprises Market

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has amended information in its recent report pertaining to premium growth in the U.S. delegated underwriting authority enterprise (DUAE) segment in 2023. This data was cited in a Best’s Market Segment Report, titled, “Rapidly Increasing MGA Premiums Warrant Greater Oversight.”

AM Best is revising its total of U.S. direct premiums written (DPW) generated by MGAs in 2023 to $77.0 billion, representing an 8.6% increase over the previous year. This revision from the originally reported $81.4 billion was due to updates to company statements. The updated Best’s Market Segment Report can be accessed at http://www3.ambest.com/bestweek/purchase.asp?record_code=343051.

A video discussion about the report is available at http://www.ambest.com/v.asp?v=ambduae524.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2024 by AM Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

Industry:

AM Best

Release Versions
English
Hashtags
#insurance

Contacts

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

Social Media Profiles
AM Best / LinkedIn
More News From AM Best

AM Best Places Credit Ratings of Jet Insurance Company Under Review With Developing Implications

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Jet Insurance Company (Jet) (Charlotte, NC), following the close of the acquisition of Jet by Amherst Specialty Insurance Company (ASIC) on Dec. 15, 2025. Jet provides property/casualty coverage, primarily surety bonds, in the admitted market and is joining ASIC as a 100% wholly owned subsidiary...

December Issue of Best’s Review Ranks Top 25 US Ocean Marine and Inland Marine Writers and More

OLDWICK, N.J.--(BUSINESS WIRE)--The December issue of Best’s Review includes the following exclusive rankings: Top 25 United States: Ocean Marine Writers Inland Marine Writers Fire and Allied Writers Allied Lines (Total) Writers Property Catastrophe Risk Writers All Other Lines Writers Top 25 U.S. Products Liability: Occurrence Writers Claims-Made Writers Total Writers Top 25 U.S. Commercial Multiperil: Non-Liability Writers Liability Writers Total Writers Top 25 U.S. Property/Casualty: All Ind...

AM Best Places Credit Ratings of Vantage Risk Ltd. and Its Affiliates Under Review With Developing Implications

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Vantage Risk Ltd. (Bermuda) and its affiliates, Vantage Risk Specialty Insurance Company and Vantage Risk Assurance Company (both domiciled in Wilmington, DE), which do business as Vantage Group. These Credit Ratings (ratings) reflect Vantage Group’s balance sheet strength, which AM Best assess...
Back to Newsroom