Excess and surplus lines premium jumps 28% in 2003.

At year-end year-end also year·end
n.
The end of a year.

adj.
Occurring or done at the end of the year: a year-end audit.

Noun 1. 2003, direct premium volume for the surplus-lines industry increased by approximately ap·prox·i·mate
adj.
1. Almost exact or correct: the approximate time of the accident.

2. 28%, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3. a Special Report by the A.M. Best Co. Surplus lines companies provide insurance unavailable to consumers in the standard or admitted market due to the unique characteristics and needs of the insureds, such as day-care centers day-care center: see day nursery. and nursing homes. The A.M. Best Special Report "Excess and Surplus 2004," says the increased premium volume reflects increased rates during the hard market in addition to the migration of business from the standard market to surplus lines.

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Title Annotation:	By the Numbers
Comment:	Excess and surplus lines premium jumps 28% in 2003.(By the Numbers)
Publication:	Best's Review
Article Type:	Brief Article
Geographic Code:	1USA
Date:	Nov 1, 2004
Words:	92
Previous Article:	Spitzer sues broker Marsh, alleges corruption in insurance industry.
Next Article:	Meetings.
Topics:	Insurance industry Growth Management Surplus lines (Insurance) Growth Management

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