AM Best: Surplus lines DPW grew 19% to $98.5bn in 2022 while results “vastly improved”

Annual surplus lines market direct premiums written (DPW) grew 19.2 percent in 2022 to a record $98.5bn while results were “vastly improved”, according to a new report from AM Best that predicts the segment’s growth will “continue outpacing the overall commercial lines market in the coming years”.