SiriusPoint says risk selection must trump growth in US casualty market
SPNT•SiriusPoint says downward pressure on US casualty pricing makes selecting risks more important than pursuing growth.
SPNT•SiriusPoint says downward pressure on US casualty pricing makes selecting risks more important than pursuing growth.
Christopher Larson, SiriusPoint’s global casualty underwriting head, said downward pressure on US casualty pricing makes risk selection more important than growth. He said profitable portfolios require assessing individual risks rather than treating US casualty as a single market or relying on broad averages, and noted limits to using backward-looking industry pricing to guide underwriting.