Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
US E&S Outlook No Longer Positive: AM Best
Dec 1 2025 // AM Best revised its market segment outlook on the U.S. excess and surplus lines segment to stable from positive, the rating agency announced. The change comes as rates soften and premium growth moderates. “Although...
Africa Specialty Risks Launches Lloyd’s Syndicate 2454 in South Africa
Nov 26 2025 // Africa Specialty Risks (ASR), a re/insurance group that focuses on developing markets, announced the launch of Lloyd’s Syndicate 2454 in South Africa. Based in Sandton, ASR’s syndicate underwriters will...
Former AIG, BHSI, Lloyd’s Executive Tom Bolt Dies
Nov 24 2025 // Well respected insurance veteran Tom Bolt has died, one of his former employers announced on Friday. “Tom was a highly accomplished insurance executive, who was deeply respected and widely admired in the global...
Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance
Nov 21 2025 // American International Group Inc.’s announcement last week that it was parting ways with incoming President John Neal stunned insurance industry observers and raised questions about what caused the veteran executive...
People Moves: XPT Specialty Adds Ornce to Workers’ Comp Division
Nov 21 2025 // Chris Ornce XPT Specialty, headquartered in New Haven, Connecticut, appointed Chris Ornce as a senior vice president in its workers’ compensation division. With over 15 years in the industry, Ornce has a reputation...
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG
Nov 19 2025 // Lloyd’s of London is investigating its former chief executive officer, John Neal, who was set to start at American International Group Inc. next month before the company disclosed he’s no longer joining due to...
OAK Enterprise Gets Approval From Lloyd’s to Underwrite Retro via Syndicate 1440
Nov 19 2025 // OAK Global, the Lloyd’s reinsurance business, announced it has received permission from Lloyd’s to underwrite via Syndicate 1440. The new syndicate will operate as the strategic business unit OAK Enterprise,...
K2 and Dale Get ‘In Principle’ Nod From Lloyd’s to Launch Syndicate 1954
Nov 17 2025 // Dale Underwriting Partners, the trading name for Dale Managing Agency Ltd.’s Lloyd’s Syndicate 1729, and K2 Insurance Services, an independent MGA platform, have received “in principle” approval...
Former Lloyd’s CEO Neal Will Not Join AIG; Hancock to Be General Insurance CEO
Nov 14 2025 // John Neal’s tenure at American International Group (AIG) is over before it began. The former CEO of Lloyd’s of London and AIG reached a “mutual agreement” that he would not join the company due to...
Zurich Invests Heavily in Underwriting Talent to Boost Mid-Market, Specialty Growth
Nov 7 2025 // Zurich Insurance Group is continuing to expand its middle market and specialty footprint by investing heavily this year in targeted recruitment of “top-tier underwriting talent” across the company. “In...
Jamaica to Get 2nd Parametric Insurance Payout for Excess Rainfall From Storm Melissa
Nov 7 2025 // The Caribbean parametric insurer, CCRIF SPC, announced it will make a second payout of US$21.1 million to the government of Jamaica – a policy triggered by excess rainfall from Hurricane Melissa. This payout follows the...
People Moves: MGA Pen Underwriting Names Doyle as CEO of Ireland; Berkshire Hathaway Specialty Insurance Promotes de Blieck to Belgium Country Manager
Nov 6 2025 // This edition of International People Moves details appointments at the MGA Pen Underwriting and the insurer BHSI. A summary of these new hires follows here. Pen Underwriting Names Doyle as CEO of Ireland Pen Underwriting,...
MMA Sues Former Specialty Marine Head Over Move to Howden US
Nov 6 2025 // Marsh McLennan Agency is going after a single employee, who came over in the acquisition of McGriff Insurance Services, for leaving for Howden US—taking 17 coworkers and over 30 clients representing $4 million in annual...
People Moves: Westfield Specialty Int’l Taps Former AIG Exec Baldwin as President; Vantage Promotes Senior Leaders in Reinsurance, Partnership Capital Platform
Nov 4 2025 // This edition of International People Moves details appointments at Westfield Specialty International and Vantage Group Holdings. A summary of these new hires follows here. Westfield Specialty Int’l Names Former AIG...
The Fidelis Partnership Launches 2nd Lloyd’s Syndicate, Backed by PE Firm Blackstone
Oct 31 2025 // The Fidelis Partnership (TFP) announced the launch of Syndicate 2126 in partnership with funds managed by Blackstone, the alternative asset manager and private equity company, following in-principle approval from...
Starr Acquiring IQUW; Starr Managing Agency to Be Among 10 Largest at Lloyd’s
Oct 29 2025 // Starr, a global investment and insurance organization, announced it has entered a definitive agreement to acquire IQUW Group, a specialty insurance and reinsurance business that combines data and analytics with...
Ryan Specialty Agrees to Acquire Canadian MGU Stewart Specialty Risk Underwriting
Oct 28 2025 // Ryan Specialty, the Chicago-based specialty insurance firm, announced it has signed a definitive agreement to acquire Stewart Specialty Risk Underwriting Ltd. (SSRU). Terms of the deal were not disclosed. Based in Toronto,...
Alabama DOI Requiring Use of SLIP+ Platform for Surplus Lines Reporting
Oct 27 2025 // Alabama has become the seventh state to adopt the “SLIP+ for States” reporting and payment platform for surplus lines data and taxes, starting in 2025. Surplus lines brokers who already have a SLIP+ login do...
Markets/Coverages: Coalition Launches Excess Cyber Insurance in Quebec
Oct 24 2025 // Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced it is offering Excess Cyber Insurance policies in Quebec along with a refreshed Excess offering across Canada. The...
People Moves: CRC Group Names New Team Members in Specialty Division; Howden US Appoints Hanback EVP
Oct 24 2025 // CRC Group Names New Team Members in Specialty Division Ryan Degale CRC Group, headquartered in Birmingham, Alabama, added three new professionals to its CRC Specialty division. Ryan Degale rejoins CRC Specialty as a broker...
