All the headlines from our Excess Surplus Topic Page, ordered by recency.
Apr 22 2013 // Bermuda-based Brit Insurance and Maiden Holdings, Ltd. have announced a temporary 100 percent quota share reinsurance of Maiden’s Excess and Surplus (E&S) unit, Maiden Specialty, with Brit Global Specialty.The...
Apr 18 2013 // Richmond, VA, 4/18/13 – Atlantic Specialty Lines continues its evolution by promoting one of its founders, Seth Johnson, to a new and key management role.He has accepted the position of COO at the corporate level....
Apr 17 2013 // Ryan Specialty Group’s (RSG) Sapphire Blue and Lloyd’s Catlin Underwriting Agencies Ltd. have launched a new liability insurance program specifically for U.S. small rural and specialty hospitals. The program...
Apr 10 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Endurance Specialty Insurance Ltd. and its affiliates, as well as the ICR...
Apr 9 2013 // Lloyd’s announced the appointment of Henrique de Campos Meirelles as Nominated Member of the Council of Lloyd’s, the body responsible for the management and supervision of the Lloyd’s...
Apr 8 2013 // Ironshore International, a subsidiary of Ironshore Inc., announced that its Lloyd’s Pembroke Syndicate has been authorized by the Japanese Financial Services Authority to offer Representations & Warranties...
Apr 4 2013 // Two important shipping industry publications – Lloyd’s List and Containerisation International – have come together on one website in order to provide subscribers with a “one-stop-shop for news,...
Apr 2 2013 // E&S Inspections Inc., a newly opened firm specializing in field loss mitigation services for the insurance sector, has started operations from its Santa Clarita, Calif. headquarters. The firm provides commercial and...
Apr 2 2013 // The H.W. Kaufman Financial Group said it has acquired Global Excess Partners, a New York City-based specialty insurance organization that offers underwriting programs on behalf of Lloyd’s and other carriers and is...
Apr 2 2013 // Global specialty insurer Torus announced it has received approval from the UK Financial Services Authority and Lloyd’s to launch its own Lloyd’s managing agency, Torus Underwriting Management Limited –...
Mar 29 2013 // The insurer for a business at New Hampshire’s Hampton Beach has sued a utility, saying a February 2010 fire that destroyed a block of businesses was sparked by an electrical glitch.The suit says before the fire, an...
Mar 28 2013 // Lloyd’s announced an overall profit of $4.517 billion for 2012, making the $800 million loss in 2011, the costliest year on record for natural catastrophes, a fading memory.Controlled growth in 2012 saw gross written...
Mar 28 2013 // Amounting to just $4.7 billion in aggregate deal value, the 46 merger and acquisition transactions announced in the property/casualty insurance sector in 2012 were near record low levels, according to the latest annual...
Mar 25 2013 // Here is a snapshot of the property/casualty insurance industry merger and acquisition activity reported byInsurance Journal in 2012.Major carrier transactions included Nationwide’s acquisition of Harleysville, The...
Mar 25 2013 // Insurance Journal examined industries experiencing changes and expansions during the past year. Here are the top 10 market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty...
Mar 20 2013 // Ironshore Canada Ltd., a subsidiary of Ironshore International, has increased capacity to $30 million for its specialty casualty lines for 2013. Ironshore Canada Specialty Casualty division offers coverages to protect a...
Mar 18 2013 // The Caribbean Development Bank (CDB) and the Caribbean Catastrophe Risk Insurance Facility (CCRIF) hosted a strategic donor meeting at the offices of the CDB in Barbados on March 6, 2013 to discuss ways to support...
Mar 15 2013 // G.J. Sullivan Company Excess & Surplus Lines Brokers has acquired Network E&S Insurance Brokers’ book of California business. David Gorin and Sherri Gust will join GJS E&S, and will operate from...
Mar 14 2013 // New York-based satellite radio services company Sirius XM Radio Inc. filed a lawsuit against two directors and officers insurers last week. Sirius XM alleges XL Specialty Insurance Co. and U.S. Specialty Insurance...
Mar 14 2013 // The directors and officers liability market continued to see price increases in 2012, with more private/not-for-profit organizations reporting rate increases than public organizations but, according to a new industry...