excess of loss cover News

Fidelis Launches Treaty Excess-of-Loss MGA, via New MGA Platform Pine Walk

Bermuda-based Fidelis Insurance announced it has launched its first managing general agent (MGA), called Radius. The MGA will be run by Rob Ashton and will focus on niche specialty treaty excess of loss business, such as cyber, nuclear and personal …

UK’s Allianz Commercial Doubles Excess Liability Capacity to £50M ($70.5M)

Allianz Commercial* announced it has increased its capacity for excess of loss cover, which will now allow brokers to purchase excess liability cover up to £50 million ($70.5 million) per individual class of business. The move, which supports Allianz’s ambition …

Zurich, Swiss Re in $270 Million Excess of Loss Deal for No. Am. Quake Coverage

Zurich Insurance Group and Swiss Re have announced that Zurich has obtained, through its subsidiaries Zurich American Insurance Company and Zurich Insurance Company Ltd, a 3-year $270 million catastrophe excess of loss reinsurance protection from Lakeside Re III Ltd. to …