Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
For Lloyd’s, Continued Growth Expected in Surplus Linese
Jul 8 2002 // Lloyd’s of London is perhaps the most well known insurer in the U.S., not only due to its 300 years of existence, but also because this country is the London market’s biggest customer, accounting for over 35...
As Hard Market Persists, E&S Brokers Wait for the Right Opportunity
Jul 8 2002 // Last January separate panels of analysts who follow the insurance industry and CEO’s of insurance companies predicted a “foreshortened” cycle, a brief hard market that would give insurers little relief...
Surplus Directory Prints Success for Agents, Wholesalers
Jul 8 2002 // Having serviced the Excess and Surplus Lines’ community for a quarter century, Insurance Journal’s Excess & Surplus Directory continues its role in providing the latest markets for agents and...
The First and Still the Best
Jul 8 2002 // For the past 25 years, our Directory of Excess, Surplus and Specialty Markets has been published each January and July. Beginning in 1998, we put that directory online at www.insurancejournal.com. Agents and brokers can...
Surveying the E&S Market with Swett & Crawford’s Hartoch
Jul 8 2002 // Swett & Crawford chairman David Hartoch has seen a number of changes in the excess and surplus industry during his decades in the business. As he approaches retirement in December, Hartoch took time out to talk with...
The First and Still the Best
Jul 8 2002 // For the past 25 years, our Directory of Excess, Surplus and Specialty Markets has been published each January and July. Beginning in 1998, we put that directory online at www.insurancejournal.com. Agents and brokers can...
Swiss Re Sigma Study Examines London Market
Jul 5 2002 // A New Swiss Re Sigma report examines the state of the London Market, describing the effects of the sweeping changes that have occurred over the last decade, the ongoing consolidations, the market’s continuing...
National Indemnity Commits $72 Million to Lloyd’s Euclidian
Jul 4 2002 // National Indemnity, a subsidiary of Berkshire Hathaway, has concluded an agreement with Lloyd’s Euclidian Syndicate 1243 to provide £ 50 million ($76 million) in financing on a whole account qualified quota share...
National Indemnity Commits $72 Million to Lloyd’s Euclidian
Jul 4 2002 // National Indemnity, a subsidiary of Berkshire Hathaway, has concluded an agreement with Lloyd’s Euclidian Syndicate 1243 to provide £ 50 million ($76 million) in financing on a whole account qualified quota share...
Lloyd’s Panel Cites Information Flow As Biggest Challenge
Jun 26 2002 // The hard market is having a serious effect on information processing according to a panel of experts established to discuss market conditions by Lloyd’s. Lloyd’s announcement indicated that a number of...
PMA Capital Corp. Rating under Review by A.M. Best
Jun 26 2002 // A.M. Best Co. has placed the “A” (Excellent) financial strength rating of PMA Capital Insurance Company and the “A-” (Excellent) rating of PMA Insurance Group under Review with Negative...
Lloyd’s Sponsored Report Faults Risk-Averse Culture
Jun 19 2002 // A major study by U.K. think-tank Global Futures, sponsored by Lloyd’s of London and the Association of Insurance and Risk Managers (AIRMIC), suggests that following the Sept. 11 attacks a “risk-averse”...
Lloyd’s Selects Lord Levene as New Chairman
Jun 13 2002 // For the first time in over 300 years Lloyd’s of London will be headed by a Chairman from outside the London Insurance Market, as the Council of Lloyd’s announced the selection of Lord Peter Levene of Portsoken,...
Lloyd’s Sees Costs of Risks Continuing to Rise
Jun 10 2002 // Julian James, Director of Worldwide Markets at Lloyd’s, in a speech given last week to business leaders in Singapore and Hong Kong, stated that the costs of risk are continuing to rise. James, attributed the rise in...
NAII Says Surplus Lines Insurers Should Take Precedence Over Joint Underwriting Associations
Jun 10 2002 // Before creating joint underwriting associations to provide difficult-to-obtain insurance, such as for medical malpractice or nursing homes, state regulators should encourage coverage by surplus lines’ insurers. The...
Insurers & Contractors Trying to Nail DownProper Coverage
Jun 10 2002 // If you’re placing coverage for contractors, there are three factors that determine what obstacles you will encounter: location, location, location. The real question is whether it will stay that way or whether...
Aon Expects Spin-off after June 30
Jun 3 2002 // Aon Corporation says the spin-off of Combined Specialty Group, Inc. (CSG) is now expected to be completed after June 30. Steps necessary to complete the spin-off continue to be taken and the spin-off will be accomplished...
AAMGA Honors Kevin Tromer for Service
May 30 2002 // Kevin Tromer received the Earle Dillard Award, which honors the top committee chair, by the American Association of Managing General Agents (AAMGA) at the association’s 76th annual meeting at the Bellagio Hotel in...
PA Legislators Urged to Ease Surplus Lines
May 29 2002 // Michael G. Koziol, senior counsel and a director of the National Association of Independent Insurers (NAII), recently addressed a letter to the Pennsylvania Senate’s Banking and Insurance Committee, urging members to...
AXIS Specialty Opens European HQ in Dublin
May 29 2002 // AXIS Specialty Limited, the newly formed Bermuda-based insurer, announced that it has received Irish Government approval to commence business as an insurer and reinsurer from its European headquarters in Dublin,...
