Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
2006: Soft market offers up many new insurance products
Dec 25 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
Private equity market increasingly bullish on insurance and E&S
Dec 25 2006 // Historically, the insurance sector has not been high on the list of preferred investments for private equity markets, but since 2001 interest in insurance and reinsurance has been on the rise, not only with private equity...
Climate change, reinsurance and Lloyd’s made worldwide headlines in 2006
Dec 25 2006 // Climate change or global warming is the 800-pound gorilla in the insurance industry. More reports this year added to the growing body of evidence that the planet is heating up, and potential disasters on a global scale are...
Lloyd’s Insurers Boost U.S. Presence
Dec 25 2006 // They’ve long had the expertise. Now they have the money and the technology to go with it. A number of U.K. insurers, who started at Lloyd’s, continued to expand their U.S. presence in 2006, mainly in the...
4. Lloyd’s Insurers Boost U.S. Presence
Dec 24 2006 // They’ve long had the expertise. Now they have the money and the technology to go with it. A number of U.K. insurers, who started at Lloyd’s, continued to expand their U.S. presence in 2006, mainly in the...
Private equity market increasingly bullish on insurance and E&S
Dec 24 2006 // Historically, the insurance sector has not been high on the list of preferred investments for private equity markets, but since 2001 interest in insurance and reinsurance has been on the rise, not only with private equity...
2006 New Markets Report
Dec 24 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
2006:a big year for P&C buyers and sellers of all shapes and sizes
Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...
Climate change, reinsurance and Lloyd’s
Dec 24 2006 // N1 36 Poizner poised to lead Insurers hope for friendlier climate 40 Electronically stored information Agents must heed new rules 10 Calif.’s uninsured motorists
Best Affirms Amlin’s Lloyd’s Syndicate 2001 ‘A’, ‘a+’ Ratings
Dec 22 2006 // A.M. Best Co. has affirmed its Syndicate Rating of “A” (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 2001, which is managed by Amlin Underwriting Limited (AUL). Best...
Chubb Expands Excess Flood Policy
Dec 20 2006 // The Chubb Group of Insurance Companies has begun to offer an admitted excess flood insurance product to homeowners policyholders who face either inland or coastal exposures in 15 jurisdictions, including California,...
Lloyd’s Insures Famous Santa’s Beard
Dec 20 2006 // Lloyd’s may have become a lot more focused on technology, underwriting discipline and the bottom line in recent years, but that doesn’t mean it’s been neglecting its tradition of writing innovative and...
Max Re to Establish US E&S Unit
Dec 15 2006 // Bermuda-based Max Re Capital Ltd. announced plans to establish a U.S.-based excess and surplus lines platform. The new entity will “will complement the company’s existing insurance and reinsurance operations...
Lloyd’s Stresses Commitment to Goals of Three-year Plan
Dec 15 2006 // In his introduction to the latest progress report on Lloyd’s three-year plan, CEO Richard Ward noted that the current version “builds on the 2006-2008 plan issued in January. It includes our vision and...
New Report from Benfield Sees Lloyd’s ‘Venturing Forward’
Dec 12 2006 // A report from international broker Benfield’s Industry Analysis and Research team entitled “Venturing Forward,” notes that Lloyd’s focus “has turned firmly forward” following the...
Colo. imposes new procedures for surplus lines
Dec 11 2006 // Colorado has implemented new procedure changes for surplus lines brokers. Beginning Jan. 1, 2007, surplus lines brokers in Colorado will need to report their monthly policy and endorsement transactions directly to the...
Private equity market bullish on E&S brokers
Dec 11 2006 // By mid-November more than $500 billion in private equity transactions had occurred in 2006, $100 billion in October 2006 alone, according to Andrew Rosen, a partner with private equity firm HM Capital Partners. Dallas,...
Specialty Programs
Dec 10 2006 // N12 8 Texas commissioner allows windstorm rate hike Although welcome, some think it’s not enough 10 Judge says water may be covered in New Orleans canal case Ambiguities in policies may open the door
Private equity market bullish on E&S brokers
Dec 10 2006 // By mid-November more than $500 billion in private equity transactions had occurred in 2006, $100 billion in October 2006 alone, according to Andrew Rosen, a partner with private equity firm HM Capital Partners. Dallas,...
