Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Markel Posts $89.7M Q2 Profit, Buoyed by Improved Underwriting Results
Aug 9 2012 // Glen Allen, Va.-headquartered Markel Corp. on Thursday posted $89.69 million net income to shareholders for its 2012 second quarter, a 197 percent increase from $30.31 million income reported a year earlier. Markel...
Howden Specialty Underwriters Appoints Head of New York Office
Aug 7 2012 // Howden Specialty Underwriters (HSU), part of Hyperion Insurance Group, has appointed Scott Misson to lead its recently opened New York office. He will become a member of the executive team and will report to Bobby Vernon,...
Conference: Risk, Returns, Regulation and More Regulation
Aug 6 2012 // Coming off a rough few years of recession, then a disaster prone 2011 — and then more global uncertainty in 2012 — the world and the insurance industry have a few things to look forward to in the next year. They also...
Looking Aft
Aug 6 2012 // When Lloyd’s America Inc. Western Regional Director Anthony Joseph handed me a simple, glossy two-sided pamphlet that read “Titanic Centenary” I knew I was in deep. It was breakfast near the end of July...
Collector Cars Deserve Specialty Coverage
Aug 6 2012 // If you know any car collectors, then you know they give their cars special attention. They store their cars under protective coverings, keep them in garages and drive them on special occasions. So if a storm, intruder or...
Chubb Profit Slightly Down; U.S. Commercial Renewal Rate Hike 9% in Q2
Jul 27 2012 // The Chubb Corp. reported $404 million profit for its second quarter, declining 3.6 percent from $419 million reported a year earlier. The results were hampered by weaker investment results and significant catastrophe...
Conference: Risk, Returns, Regulation, and More Regulation
Jul 26 2012 // Coming off a rough few years of recession, then a disaster prone 2011 – and then more global uncertainty in 2012 – the world and the insurance industry have a few things to look forward to in the next year. They also...
Markel Programs, All Risks Offer Excess Hired/Non-Owned Auto Liability
Jul 26 2012 // Markel Specialty Programs announced today that is has expanded its partnership with All Risks Ltd. to offer a new program for excess hired/non-owned auto liability with limits up to $1 million through All Risks’...
Best Affirms Lloyd’s UK, China ‘A’ Ratings; Outlook Stable
Jul 26 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s and Lloyd’s Insurance...
CK Names Karber Southwest Regional Underwriting Manager
Jul 25 2012 // San Jose, Calif.-based CK Specialty Insurance Associates Inc., a surplus lines broker and managing general agent, named Roger Karber its Southwest regional underwriting manager. Karber has more than 22 years of insurance...
While Debate Over Safety Valve Goes On, Gas Explosions Continue: AP
Jul 25 2012 // The bulldozer was clearing land outside a day care center in Hapeville, Ga., when it broke open a buried 1-inch pipeline. The escaping gas ignited into a fireball that killed nine people, including seven children settling...
E&O Insights: Keep Eyes Wide Open When Handling E&S
Jul 23 2012 // The excess and surplus lines market has been around a long time. It has served the insurance marketplace well, providing specialty coverage and writing tough-to-place risks. While activity in the E&S market is...
Former Lloyd’s Head Lord Levene Named Starr International Vice Chairman
Jul 18 2012 // Lord Peter Levene, former chairman of Lloyd’s of London, has been appointed a director and vice chairman of the global insurance firm Starr International Co. Inc., Starr Chairman and Managing Director Maurice R....
Oklahoma Governor, Insurance Commissioner Visit Lloyd’s of London
Jul 17 2012 // Oklahoma Gov. Mary Fallin, Insurance Commissioner John D. Doak and insurance industry executives, have met with insurance market representatives at Lloyd’s of London to discuss the state’s $15 billion insurance...
W.R. Berkley Appoints Executive for Excess Casualty Unit in Conn.
Jul 13 2012 // W.R. Berkley Corporation has appointed Michael Fujii as president of its newly formed Berkley Custom Insurance Managers unit in Stamford, Conn. Fujii has over 35 years of experience in the specialty property/casualty...
Lloyd’s Marks First Anniversary of ‘Claims Transformation Program’
Jul 13 2012 // “Insurance is, arguably, only as effective as the way it pays claims,” says a bulletin from Lloyd’s of London, marking the first anniversary of its Claims Transformation Program, which, it noted, is...
PartnerOne, Berkley Environmental to Offer Site Pollution Liability
Jul 12 2012 // PartnerOne Environmental , an underwriting division of Beacon Hill Associates’, is now working in partnership with Berkley Environmental, a dvision of Berkley Specialty Underwriting Managers, to offer site pollution...
Fitch Affirms Lloyd’s ‘A+’ Ratings; Outlook Stable
Jul 11 2012 // Fitch Ratings has affirmed Lloyd’s of London’s Insurer Financial Strength (IFS) rating at ‘A+’, and the Society of Lloyd’s Long-term Issuer Default Rating (IDR) at ‘A’ as well as...
Florida Governor to Visit Lloyd’s of London
Jul 9 2012 // Florida Gov. Rick Scott is jetting off for foreign soil again — this time to the United Kingdom. Scott and his entourage left Saturday on a five-day trip that will include a visit to the world’s leading market for...
Mitsui Sumitomo at Lloyd’s Names Burke CRO
Jul 5 2012 // Mitsui Sumitomo at Lloyd’s has appointed Martin Burke as Chief Risk Officer. He has worked within the Lloyd’s and company markets for 15 years, most recently serving as Finance Risk Manager within the...
