Excess Casualty in Excess: A look at losses of more than $50 million
The Excess Casualty marketplace continues to experience large severity losses, driven by an increase in nuclear verdicts and social inflation. Rate increases and capacity contraction continue, given rising severity trends and poor historical results in this segment for much of the last decade. Download this infographic from Nationwide and Advisen to see frequency and severity of these losses broken down by industry and geography.