Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Kwan Named E&S Casualty Senior VP for Swiss Re Corporate Solutions
Jun 2 2015 // Swiss Re Corporate Solutions has added Michael Kwan to its North American leadership team based in Santa Ana, California. Kwan joins the Casualty North America leadership team as senior vice president and head of Excess...
ACE Expands Specialty Insurance Offerings for Small Businesses
May 29 2015 // ACE Commercial Risk Services, the small commercial specialty lines business of ACE Group, has expanded its specialty commercial products for small businesses, available on a business owners policy (BOP). This new product...
Factbox: Lloyd’s Chief, Other Leaders Offer Views on Britain’s EU Referendum
May 29 2015 // Prime Minister David Cameron has pledged to renegotiate Britain’s ties with Europe and then give voters a referendum on European Union membership by the end of 2017. Following are the views of business...
Lloyd’s Appoints Pullicino as New Representative in Malta
May 28 2015 // Lloyd’s has appointed Louis Cassar Pullicino as the new representative for Lloyd’s in Malta, assuming the role of director of Lloyd’s Malta Limited. Pullicino replaces Mark Gollcher, who helped...
Texas All Risk General Agency, Inc.’s Technology Brings Growth in Houston
May 28 2015 // Dallas, TX, May 28, 2015 – Following 3 years of exceptional results in personal lines, Texas All Risk General Agency, Inc. is again expanding it’s homeowners/dwelling fire aggregate in the Greater Houston...
Atlas General Insurance Services, LLC, Hires Jeff Hoffman as Vice President of Specialty Property Division
May 27 2015 // San Diego, CA, May 27, 2015 – Atlas General Insurance Services, LLC, a national multi-line program manager, welcomes Jeff Hoffman as Vice President of Specialty Property. In his new role with Atlas, Jeff will be...
For P/C Insurers, 2014 Was Better Than Average Year
May 26 2015 // Analysts who predicted the U.S. property/casualty industry would have a tough time topping its 2013 results in 2014 were largely correct as there was some slippage. However, while property/casualty insurers were not as...
A.M. Best Assigns Ratings to Coverys Specialty in New Jersey
May 22 2015 // A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a” to Coverys Specialty Insurance Company. The outlook assigned to both ratings is stable. Coverys Specialty...
Ascot, Chaucer & Skuld Form Underwriting Consortium for Renewable Energy
May 21 2015 // Ascot Underwriting Ltd. has formed Renewco Consortium (ReCo), a dedicated and independent underwriting platform for the renewable energy industry. The Lloyd’s consortium is jointly led by Ascot and Chaucer and...
Berkshire Hathaway Specialty Launches Crime Protection Policy in Canada
May 20 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced a crime protection policy along with a new executive impersonation coverage endorsement for large public and private companies in Canada. “Designed by BHSI...
ANV Holdings Forms Consumer Products Team for Lloyd’s Syndicate 5820
May 19 2015 // ANV Holdings has unveiled a new consumer products team within Lloyd’s Syndicate 5820, reporting to Bruce Whitmee, who was recently appointed active underwriter (subject to regulatory approval). Based in London, the...
MSIG at Lloyd’s Hires Eyres in Property Underwriting; Dougall Heads P&C
May 18 2015 // MSIG at Lloyd’s, the international specialty arm of Mitsui Sumitomo Insurance Group, has appointed Martin Eyres as property underwriting manager and promoted Andrew Dougall as head of property and casualty. Eyres,...
Incoming President Ware Talks About Canadian Expansion & Why AAMGA Is More Than MGAs
May 18 2015 // The American Association of Managing General Agents (AAMGA) expanded its membership again in 2015 with the addition of eight new organizations, all based in Canada. The Canadian organizations sought to become part of the...
P/C Insurers Post Underwriting Profit, Record Surplus for 2014
May 18 2015 // The U.S. property/casualty insurance industry posted its second consecutive year of profitable underwriting results in 2014, according to A.M. Best. Surplus for this sector increased by $21.9 billion and reached another...
Brit Appoints Courchaine, Canna to New General Liability Team for U.S.
May 15 2015 // Global specialty insurer Brit PLC has named Steve Courchaine as senior vice president to launch a new General Liability team for Brit Global Specialty USA. Courchaine was formerly chief underwriting officer of IFG and has...
Lloyd’s Market Association Announces 2015 Board Election Results
May 14 2015 // The Lloyd’s Market Association (LMA) has announced six newly elected board members. They are: Andrew Brooks, CEO, Ascot Underwriting Stephen Eccles, active underwriter, Travelers Syndicate Management Richard Harries,...
ACE Enhances Excess Casualty Coverage for Middle Market Companies
May 12 2015 // ACE Group has expanded its range of excess casualty corporate risk coverages to provide more extensive protection to middle market clients. The enhanced offerings, available for businesses with revenues up to $1 billion,...
Maryland Issues Data Call for Claims Relating to Baltimore Unrest
May 11 2015 // The Maryland Insurance Administration (MIA) issued a data call for property/casualty insurers, the Maryland Automobile Insurance Fund (MAIF), the Joint Insurance Association (JIA), and surplus lines brokers in the state to...
Beazley Reports Q1 Premiums Up 6% to $546 Million
May 8 2015 // Beazley plc reported that first quarter premiums grew by 6 percent to $546 million, compared to $516 million in 2014. Beazley’s largest division, specialty lines, wrote $226 million during the first quarter, which is...
MSIG at Lloyd’s Appoints Wells, Radbourne in Property and Power Teams
May 8 2015 // MSIG at Lloyd’s has appointed Laura Wells as underwriter, property, and Matthew Radbourne as underwriter, power & utilities with immediate effect. Wells brings over 20 years’ industry experience to MSIG,...
