All the headlines from our Excess Surplus Topic Page, ordered by recency.
May 3 2023 // Munich Re Specialty Group, the parent of Munich Re Syndicate, announced the launch of Green Solutions, a portfolio of insurance products and services that supports its customers’ net zero ambitions.The portfolio...
Apr 28 2023 // Canopius Group, the London-based global specialty re/insurer, has had a management shake-up, with three executives exiting the company.“Over the last 18 months, Canopius has reorganised our global underwriting...
Apr 18 2023 // Two excess insurers may be liable for the more than $20 million that ExxonMobil Corp. paid to settle lawsuits filed by a contractor’s employees who were badly burned while working at an Exxon refinery, the Texas...
Apr 6 2023 // Skyward Specialty Promotes New VPs in Captives and Programs Divisions Skyward Specialty Insurance Group Inc. has made two promotions in its captives and programs divisions. Ryan Burke has been promoted to vice president,...
Apr 5 2023 // Parsyl, the Denver-based insurer of essential supply chains, announced the launch of its new Essential Consortium at Lloyd’s of London.The multi-year arrangement initially will bring $20 million in new capacity to...
Apr 4 2023 // Amwins Access launched its new Excess Wildfire Product, which is intended to complement a self-insured retention plan or the California FAIR plan or a similar plan.The product is written in partnership with PartnerRe...
Apr 3 2023 // Chubb Limited announced that Frances O’Brien has been appointed executive vice president, Chubb Group, and chief risk officer, effective April 1.O’Brien was senior vice president, Chubb Group, and deputy chief...
Mar 30 2023 // The Lloyd’s marketplace announced it has invited 13 insurtechs to join the next cohort of its innovation accelerator, the Lloyd’s Lab, following a competitive pitch process where the firms presented innovative...
Mar 27 2023 // HDI Global Specialty SE (HDI) has launched a new insurance platform in Canada which delivers general aviation policies to brokers in minutes.The platform, called “Aviation IQ” delivers end-to-end digital...
Mar 24 2023 // Connecticut’s Insurance and Real Estate Committee has advanced a surplus lines insurance measure that the industry says would lift an unnecessary administrative burden but the state insurance regulator believes would...
Mar 24 2023 // Insurers continue to cover grain shipments from Ukraine through a U.N.-backed corridor although more clarity will be required soon, a senior Lloyd’s of London official said on Thursday, after the export accord was...
Mar 23 2023 // Lloyd’s of London swung to a pre-tax loss in 2022 and took writedowns on its fixed-income investments, it said on Thursday.The pre-tax loss was 800 million pounds ($982.56 million), compared with a profit of 2.3...
Mar 22 2023 // This edition of International People Moves details appointments at media, tech and cyber MGA, Nirvana, and the broker Verlingue.A summary of these new hires follows here. New Specialty MGA Nirvana Taps Sompo’s...
Mar 21 2023 // The Surplus Line Association of California, headquartered in San Ramon, California, promoted Barbara Trumbly to senior vice president and has hired Yusuf Mayet as the organization’s vice president for...
Mar 20 2023 // Pennsylvania-based insurance program specialist NSM Insurance Group has completed its acquisition of three businesses that specialize in the field of medical stop loss insurance and managed care insurance.The firms are...
Mar 16 2023 // QBE North America Promotes Foley to President of Commercial InsuranceQBE North America has promoted Michael Foley to president, commercial insurance. Foley will be responsible for planning, directing, and executing the...
Mar 16 2023 // Citgo Petroleum Corp. may move forward with an attempt to collect more than $40 million it claimed from insurers after Venezuelan authorities in 2020 seized almost a million barrels of its oil.US District Judge Gregory...
Mar 14 2023 // This edition of International People Moves details appointments at Lloyd’s and Howden Tiger.A summary of these new hires follows here. Lloyd’s Names James as COO, Taking Over From Keese Who Continues as...
Mar 13 2023 // Mosaic Insurance has opened an office in Singapore and hired two specialty underwriters to build its transactional liability business across the Asia-Pacific region.Benn Wilson will serve as regional CEO, and head of Asia...
Mar 13 2023 // Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced it will enter the excess cyber insurance market in the United Kingdom to help protect businesses with enhanced coverage.By...