Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Lloyd’s Publishes New Statistical Guide
May 18 2000 // Lloyd’s has announced publication of “Statistics Relating to Lloyd’s 1999”, compiled and produced by its Market Reporting & Solvency Department. The guide “provides information on...
E-Commerce initiative Work to Steadily Transfirm the Industry
May 15 2000 // Insurers have been inundated by a flood of e-commerce initiatives and cataclysmic scenarios about the transformation which technology is set to bestow (or impose) on the industry. The reality becomes clearer every day....
Head of Kiln Plc Sees Rate Increases in Lloyd’s Market
May 12 2000 // David Gilchrist, Chairman of Lloyd’s vehicle Kiln Plc, which owns 46 percent of four Lloyd’s syndicates, told Reuters News Agency that despite 1999 losses of £6.7 million ($10.4 million) he “expects to...
Expert Witness For Lloyd’s Rejects “Names” Claims in Jaffray Suit
May 11 2000 // Keith Rayment, an expert witness called by Lloyd’s to testify on its behalf, strongly disagreed with one of the key allegations made by Names in the ongoing Jaffray case in London – that Lloyd’s concealed...
Arizona’s Surplus Line Premium Volume up in 1999
May 11 2000 // According to figures released by the Surplus Line Association of Arizona, written surplus line premium volume in the state totaled $106.9 million in 1999, compared with $90.2 million in 1998–an increase of 18.5...
Lloyd’s Keeps A.M. Best’s A (Excellent) Rating With Continued Negative Outlook
May 2 2000 // The losses at Lloyd’s, actual and projected, were not deemed serious enough, as yet, to warrant any change in Lloyd’s A (Excellent) rating by A.M. Best. It affirmed Lloyd’s capital strength, based on the...
AAMGA Outgoing President Takes Changing Marketplace in Stride
May 1 2000 // It was the eve of a major trade association event, the annual convention of the American Association of Managing General Agents. AAMGA Outgoing President James A. Roe, president of Arlington/Roe &Co. Inc. in...
AAMGA Members Set to Convene in the Florida Sunshine
May 1 2000 // Follow Your Dreams” will be the theme at the 74th annual meeting of the American Association of Managing General Agents (AAMGA) to be held at the Hyatt Regency Grand Cypress in Orlando, Fla. from May 7-11,...
LLoyd’s “MWD”- Opening the London Market
Apr 28 2000 // Just months after its launch last January, the Market Wordings Data Base (MWD) has begun to fulfill its role in unifying and modernizing the London insurance market. MWD provides a database with more than 8,000 entries...
American Names Set to Take on Lloyd’s of London on Home Turf
Apr 24 2000 // The accusations are fierce, the stories heart-wrenching. Lost homes, marriages, fortunes and even lives are piling up on the doorstep of Lloyd’s of London, which has been accused for years of not disclosing potential...
Lloyd’s Rating Changed by DCR
Apr 6 2000 // Duff and Phelps Credit Rating Co. (DCR) announced that it is modifying the A+ claims paying ability rating of the Lloyd’s market from “Stable” to “Developing.” “The change in Outlook...
The Unraveling of Superior National
Mar 30 2000 // Editor’s Note: This article was written by Standard & Poor’s analyst Darin Feldman, and is printed with permission. In its 1998 annual report “Survival of the Fittest,” Superior National...
Lloyd’s Publishes “Priorities for Growth 2000-2003”
Feb 10 2000 // With a heavy emphasis on growing e-commerce business, Chairman Max Taylor announced the publication of Lloyd’s new business plan, “Priorities for Growth 2000-2003,” calling it a “Manifesto for the...
Lloyd’s Starts Alternative Risk Publication
Feb 8 2000 // As part of its ongoing modernization, Lloyd’s just produced the first issue of ARTwork, a quarterly journal designed to explore the technical, regulatory complexities of the Alternative Risk Transfer...
