--- title: September 2021 US Casualty Insurance Review description: No user should act on the basis of any material contained herein without obtaining professional advice specific to their situation. image: https://blog.rtspecialty.com/hubfs/RT%20Binding/RT_garage.png --- [Skip to content](https://blog.rtspecialty.com/test-hubspot-blog/september-2021-us-casualty-insurance-review#main-content) Search search cancel-thin [![Ryan Specialty](https://blog.rtspecialty.com/hubfs/Ryan%20Specialty%20-%202022%20Logos/RyanSpecialty_RGB.svg "Ryan Specialty")](https://blog.rtspecialty.com/) cancel-thin - [Who We Are](https://ryansg.com/who-we-are/) Show submenu for Who We Are - [Our Services](https://ryansg.com/who-we-are/#companies) - [Ryan Specialty History](https://ryansg.com/who-we-are/#history) - [Chairman's Letter](https://ryansg.com/who-we-are/#chairman) - [Leadership](https://ryansg.com/who-we-are/#leadership) - [Our Approach](https://ryansg.com/our-approach/) Show submenu for Our Approach - [Our Values](https://ryansg.com/our-approach/#approach) - [Our Difference](https://ryansg.com/our-approach/#difference) - [What We Offer](https://ryansg.com/what-we-offer/) Show submenu for What We Offer - [Wholesale Brokerage](https://ryansg.com/company/rt/) - [Binding Authority](https://ryansg.com/company/binding/) - [Underwriting Management](https://ryansg.com/underwriting-management/) - [News](https://ryansg.com/news/) Show submenu for News - [News & Press Releases](https://ryansg.com/news/) - [Ryan Specialty Blog](https://blog.ryanspecialty.com/) - [Careers](https://ryansg.com/careers/) - [Contact](https://ryansg.com/contact/) - [Investors](https://ir.ryansg.com/) Billy Mccaw # September 2021 US Casualty Insurance Review 04.07.2022 ![](https://blog.rtspecialty.com/hs-fs/hubfs/RT%20Binding/RT_garage.png?width=604&height=348&name=RT_garage.png) Share [Follow us on Twitter](https://twitter.com/intent/tweet?url=https://blog.rtspecialty.com/test-hubspot-blog/september-2021-us-casualty-insurance-review&textSeptember%202021%20US%20Casualty%20Insurance%20Review) [Follow us on Facebook](https://www.facebook.com/sharer/sharer.php?u=https://blog.rtspecialty.com/test-hubspot-blog/september-2021-us-casualty-insurance-review) [Follow us on LinkedIn](https://www.linkedin.com/shareArticle?mini=true&url=https://blog.rtspecialty.com/test-hubspot-blog/september-2021-us-casualty-insurance-review&title=September%202021%20US%20Casualty%20Insurance%20Review) [Mail to](mailto:?subject=September%202021%20US%20Casualty%20Insurance%20Review&body=https://blog.rtspecialty.com/test-hubspot-blog/september-2021-us-casualty-insurance-review) **Market Overview** As we move into the last quarter of 2021, the overall commercial insurance market continues a tightening trend with year-over-year price increases on most casualty lines. Over the last two years, an environment with higher rates has attracted new entrants and additional capital to the marketplace. As a result, there is less volatility and more predictability as we move forward in this year’s renewal cycle. Depending on the quality of the risk and within certain industry sectors, the market remains very selective with underwriters looking to achieve overall profitability while putting less emphasis on their top line premium goals. With the tight casualty market existing over the past two renewal cycles, underwriters are now closer to reaching their target rate levels and attachment points but remain cautious on their capacity and limit deployment. Policy terms and conditions continue to be modified, driven primarily towards tightening language to eliminate any liability exposure to communicable disease. As mentioned in prior reports, with the COVID-19–related losses being slow to emerge, there is a relatively unknown financial impact over the long-term for the insurers and the reinsurance market. Although the potential of future development of pandemic claims remains a contributing factor, the continued upward trends in attritional losses, nuclear verdicts, higher frequency of punitive awards and liberal class action certifications remain the main drivers guiding the increases in premium levels. Rate levels on recent renewals have continued to rise across most industry sectors in casualty lines. Pricing for primary general liability is moving closer to a range of flat-to-single-digit increases but can still vary significantly depending on the account size and industry segment. Pricing on lead umbrella and excess liability renewals remain on a much higher percentage increase level, although the significant increases over the past two renewal cycles are beginning to moderate and starting to show a slower rise year-over-year. The individual carrier limit offerings are now typically $5 million or less for lead umbrella and excess layers compared to the $10 and up to $25 million blocks that were available from a single carrier in past years. Topics: [Template Setups,](https://blog.rtspecialty.com/test-hubspot-blog/tag/template-setups) [Website Migrations](https://blog.rtspecialty.com/test-hubspot-blog/tag/website-migrations) ## Related Content [![](https://blog.rtspecialty.com/hs-fs/hubfs/RT-Office-Map-Transportation_1121.png?width=352&name=RT-Office-Map-Transportation_1121.png)](https://blog.rtspecialty.com/test-hubspot-blog/aviation) [Holla Koala](https://blog.rtspecialty.com/test-hubspot-blog/author/holla-koala) [Aviation](https://blog.rtspecialty.com/test-hubspot-blog/aviation) [![](https://blog.rtspecialty.com/hs-fs/hubfs/RT%20ECP/Promotions-3.jpg?width=352&name=Promotions-3.jpg)](https://blog.rtspecialty.com/test-hubspot-blog/irwin-siegel-agency-adds-to-executive-management-team) [Holla Koala](https://blog.rtspecialty.com/test-hubspot-blog/author/holla-koala) [Irwin Siegel Agency Adds to Executive Management Team](https://blog.rtspecialty.com/test-hubspot-blog/irwin-siegel-agency-adds-to-executive-management-team) [![](https://blog.rtspecialty.com/hs-fs/hubfs/scott-graham-OQMZwNd3ThU-unsplash%20(2).jpg?width=352&name=scott-graham-OQMZwNd3ThU-unsplash%20(2).jpg)](https://blog.rtspecialty.com/test-hubspot-blog/video-the-bi-interview-with-patrick-ryan-and-timothy-turner-of-ryan-specialty-group) [Billy Mccaw](https://blog.rtspecialty.com/test-hubspot-blog/author/billy-mccaw) [Video: The BI Interview with Patrick Ryan and Timothy Turner of Ryan Specialty Group](https://blog.rtspecialty.com/test-hubspot-blog/video-the-bi-interview-with-patrick-ryan-and-timothy-turner-of-ryan-specialty-group) - Company Show submenu for Company - [Who We Are](https://ryansg.com/who-we-are/) - [Our Companies](https://ryansg.com/who-we-are/#companies) - [Our Team](https://ryansg.com/who-we-are/#chairman) - Specialties Show submenu for Specialties - [Wholesale Brokerage](https://ryansg.com/company/rt/) - [Binding Authority](https://ryansg.com/company/binding/) - [Underwriting Management](https://ryansg.com/underwriting-management/) - Stay in Touch Show submenu for Stay in Touch - [Careers](https://ryansg.com/careers/) - [News](https://ryansg.com/news/) - [Contact](https://ryansg.com/contact/) Connect with us [Follow us on LinkedIn](https://www.linkedin.com/company/ryan-specialty-group/) [Follow us on Twitter](https://twitter.com/RSG_insurance) [Follow us on YouTube](https://www.youtube.com/channel/UCew824sPCrKcGoeGBbwFF4A) [SUBSCRIBE TO RYAN SPECIALTY NEWS](https://get.ryansg.com/email-subscription) © 2026 All rights reserved. - [LEGAL](https://ryansg.com/legal/) - [PRIVACY](https://ryansg.com/privacy/) - [EUROPEAN OPERATING MODEL](https://ryansg.com/ryan-specialty-group-europe-post-brexit-european-operating-model/)