All the headlines from our Excess Surplus Topic Page, ordered by recency.
Apr 10 2017 // Liberty Specialty Markets (LSM), the London-based subsidiary of Liberty Mutual Insurance Group, has appointed Alexandra Paton as head of Continental Europe for Global Financial Risks (GFR).Paton will be based in both Paris...
Apr 7 2017 // An insurance unit of Warren Buffett’s conglomerate Berkshire Hathaway Inc. said it has sued Goodyear Tire & Rubber Co to avoid having to cover asbestos-related injury claims that Goodyear said nothing about for...
Apr 7 2017 // Mark R. Lonneman has been named president of American Empire Surplus Lines Insurance Co. (AESLIC), a member of Cincinnati, Ohio-based Great American Insurance Group. He succeeds Fred Woebse, who recently retired. Lonneman...
Apr 6 2017 // Beazley has launched the new Anything Lineslip in London offering terms for all U.S. management, professional, cyber and healthcare liability risks.The Anything Lineslip is led by Beazley, supported by a number of other...
Apr 5 2017 // Lloyd’s, the specialist insurance and reinsurance market, announced it has begun to operate in India with MS Amlin as the first Lloyd’s business to join the branch and begin underwriting.Lloyd’s India...
Apr 3 2017 // Ratings company Demotech is holding off on issuing large-scale ratings downgrades of Florida property insurers for now, after a number of insurers heeded its warning about the effects of assignment of benefits abuse and...
Mar 31 2017 // Ryan Specialty Group LLC (RSG) has reached a definitive agreement to acquire substantially all of the assets of LoVullo Associates Inc. (LoVullo), a wholesale insurance brokerage and binding authority operation based in...
Mar 31 2017 // Atlanta, GA, March 31, 2017 — Blue River Underwriters, a Breckenridge Insurance Group company, has promoted specialty property senior vice president Jared Mathis to executive vice president of the division. As executive...
Mar 30 2017 // Can you imagine an even hotter, drier Phoenix?Certainly not if you’ve been to the sun-drenched Arizona capital in the summer. Such an inconceivable scenario is being proposed by the LA Times.“Today, Phoenix is...
Mar 30 2017 // Brussels expects to lure other financial players after convincing Lloyd’s of London, the world’s largest specialty insurance market, to make the city its post-Brexit European hub.While Lloyd’s choice on...
Mar 30 2017 // Lloyd’s reported 2016 pretax profit of £2.1 billion pounds ($2.6 billion), level with 2015, despite a worsening of the market’s combined ratio at 97.9 percent, compared with 90.0 percent in 2015.Return on...
Mar 30 2017 // Lloyd’s, the specialist insurance and reinsurance market, announced it will set up a European insurance company in Brussels in preparation for the UK’s exit from the European Union.The Brussels’...
Mar 28 2017 // Lloyd’s of London, the world’s largest specialty insurance market, will this week pick Brussels or Luxembourg for its planned European Union subsidiary, after Dublin had been an early favorite, sources...
Mar 23 2017 // Like many people who make their living selling stuff on Amazon.com Inc., Rob Griffin is terrified of getting kicked off the site. Two years ago the Atlanta resident was suspended for selling a banned health supplement and...
Mar 22 2017 // Swiss Re announced that Mike Mitchell, currently head Property Underwriting and Property & Casualty Facultative, Asia, will succeed Edouard Schmid as Swiss Re’s head Property & Specialty Reinsurance,...
Mar 21 2017 // Hannover Re has agreed to acquire the UK holding company Argenta Holdings plc, which owns Argenta Syndicate Management and Argenta Private Capital as well as a pro rata share of the Lloyd’s syndicate Argenta...
Mar 21 2017 // XL Catlin has appointed Karl Fischbach as head of Binding Authority and Brokerage for its excess and surplus insurance operation. In his newly added role, Fischbach will focus on aligning XL Catlin’s E&S...
Mar 20 2017 // Ironshore Specialty Casualty has enhanced its transition protection policy form to address contractual exposures related to an organizational merger or acquisition specific to the construction industry.Ironshore’s...
Mar 20 2017 // Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year.For 2017, experts predict the U.S. economy will continue to expand. “Job growth means higher payroll,...
Mar 20 2017 // The owner of a Rockford, Illinois-based managing general agency that last year had its license revoked or non-renewed by at least three separate state insurance departments has been indicted by a federal grand jury for...