All the headlines from our Excess Surplus Topic Page, ordered by recency.
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...
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...
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...
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 managed...
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...
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...
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, who...
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...
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...
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...
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,...
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,...
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...
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...
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,...
May 7 2015 // Compass Specialty Risk LLC, a new wholesale insurance broker and managing general agent has commenced national operations. The firm is headquartered in Middleton, Wis., with another office in Sacramento, Calif.Compass...
May 6 2015 // Delaware insurance producers’ administrative burden when placing business in the surplus lines market will be lighter thanks to passage of House Bill 40 on Tuesday in the state General Assembly, the Delaware...
May 6 2015 // Bermuda-based RenaissanceRe Holdings Ltd. reported net income available to RenaissanceRe common shareholders of $167.8 million, or $4.14 per diluted common share, in the first quarter of 2015, compared to $151.0 million,...
May 5 2015 // Orchid Underwriters Agency LLC, a Vero Beach, Florida-based managing general agent providing excess & surplus (E&S) insurance for coastal properties, announced that it has acquired Coastal Agents Alliance, a...
May 5 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...