All the headlines from our Excess Surplus Topic Page, ordered by recency.
Jan 10 2023 // Brokerslink has added Ardonagh Specialty to its international network.Three businesses within Ardonagh Specialty – Ed Broking, Ed Bermuda and Piiq Risk Partners – are existing Brokerslink partners, and remain in the...
Jan 9 2023 // This edition of International People Moves details appointments at AXA XL, Liberty Specialty Markets (LSM) and MS Amlin.A summary of these new hires follows here. AXA XL Promotes Coxall to Head of Underwriting Mgmt, UK...
Jan 5 2023 // Skyward Specialty Insurance Group, Inc. (“Skyward Specialty” or the “Company”) announced Jan. 4 the launch of its initial public offering of its common stock. The offering consists of 4,750,000...
Dec 22 2022 // A cargo insurance facility providing cover for shipments via Ukraine’s grain export corridor will continue next year with no rate increases, an underwriter with Lloyd’s of London insurer Ascot said on...
Dec 20 2022 // Sompo International, the Bermuda-based provider of commercial and consumer property and casualty re/insurance, announced that it has completed the transfer of its Endurance at Lloyd’s (EAL) run-off business to...
Dec 16 2022 // Munich Re is launching a new division, called Global Specialty Insurance (GSI), which will be comprised of various primary insurance businesses from the group that are currently part of the reinsurance segment.The...
Dec 14 2022 // Beal Named Leader of Nationwide National Partners teamNationwide has named Tony Beal as the new leader of the Nationwide National Partners team, responsible for managing key P&C distribution partner relationships....
Dec 12 2022 // Ryan Specialty signed a definitive agreement to acquire certain assets of Griffin Underwriting Services in Bellevue, Washington.The acquisition is expected to close in January 2023. Griffin Underwriting is a binding...
Dec 12 2022 // Lloyd’s Elects Aon’s Dudley as Council Member, Succeeding ChristianLloyd’s of London, the commercial insurance and reinsurance marketplace, has elected Richard Dudley to the Council of Lloyd’s,...
Dec 7 2022 // BMS, London-based independent specialty insurance and reinsurance broker, announced it has signed a deal to acquire Eisenar, the Spanish specialty insurance broker.The terms of the acquisition were not disclosed. Eisenar...
Dec 6 2022 // Bailey Named Chair of Aon UK Ltd. BoardAon plc, a leading global professional services firm, today announced that it has named Marshall Bailey as non-executive chair of the Aon UK Limited Board, effective Jan. 31, 2023....
Dec 1 2022 // Howden, the London-based insurance broker, announced it has increased its shareholding to 100% in AlphaXO Risk Partners, an Australian specialty insurance broker.Financial details of the deal were not disclosed....
Nov 30 2022 // According to an analysis by S&P Global Market Intelligence, the U.S. excess and surplus market continued to grow in 2022, surging $37.6 billion in premiums during the first six months.Direct written premiums in the...
Nov 21 2022 // This edition of International People Moves details appointments at Liberty Specialty Markets, Arch Insurance International, and Rokstone’s iFarm Underwriting.A summary of these new hires follows here. Liberty...
Nov 21 2022 // Lloyd’s announced that the market’s claims from Hurricane Ian are estimated to be in the range of US$2.3 billion – US$3 billion, net of reinsurance, based on Q3 data provided by Lloyd’s...
Nov 17 2022 // Risk Strategies, a national specialty insurance brokerage and risk management firm, announced it has acquired Wallace Specialty Insurance Group. Terms of the deal were not disclosed. Based just outside of Dallas in...
Nov 16 2022 // Ryan Specialty announced that Ryan Specialty Transactional Risks International has expanded their presence with an office in Copenhagen, Denmark, which is the business’ fourth office.Transactional Risks International...
Nov 15 2022 // Understory Inc. a Madison-Wisconsin provider of innovative insurance solutions for climate risk, and Skyward Specialty Insurance Group Inc., a Houston-based specialty insurance company, have partnered to launch a new...
Nov 15 2022 // Antares announced that Antares Global Management (Bermuda) Ltd. (AGML Bermuda) has received approval from Lloyd’s to operate as a Lloyd’s in-house coverholder.This will enable AGML Bermuda to write...
Nov 10 2022 // This edition of International People Moves details appointments at Everest Re, RenRe and Lockton Re.A summary of these new hires follows here. Everest Re Names AXA XL’s Mann Head of Casualty, UK BranchEverest...