All the headlines from our Excess Surplus Topic Page, ordered by recency.
Jun 17 2022 // QBE Re Reports Departure of PostlewhiteQBE announced that Steve Postlewhite, managing director QBE Re, is leaving the company following a four-year tenure. QBE gave no reason for what it said was Postlewhite’s...
Jun 16 2022 // Houston, Texas-based Skyward Specialty Insurance Group, Inc. expanded its miscellaneous professional liability coverage to include errors and omissions (E&O) exposure for employed lawyers, which protects in-house...
Jun 16 2022 // Servca, the independent Lloyd’s broker that specializes in non-standard medical, financial and professional lines insurance, announced the opening of an office in Malta to spearhead the expansion of its European...
Jun 14 2022 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has introduced a proprietary directors & officers insurance policy in France.“Our new D&O liability policy provides companies and their management...
Jun 13 2022 // Skyward Specialty Launches Renewable Energy Contractor CoverageSkyward Specialty Insurance Group is now offering a renewable energy contractors coverage targeting contractors specializing in wind and solar energy...
Jun 8 2022 // AXIS Capital Holdings Ltd. announced it has completed the shift of AXIS Re from property reinsurance to focus instead on casualty, specialty, accident and health, and credit lines.With the refocus of AXIS Re, AXIS Re CEO...
Jun 6 2022 // Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry turned in a $3.8 billion underwriting loss in 2021.The P/C industry posted a $5.2...
Jun 2 2022 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has further expanded its presence in Europe with an office in Lyon, France.“As we continue to grow steadily across Europe, the time is right to expand with...
Jun 1 2022 // Lloyd’s of London, the world’s oldest insurance market, said on Wednesday that it was working closely with British and international governments and regulators to implement global sanctions against...
May 26 2022 // Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry turned in a $3.8 billion underwriting loss in 2021.The P/C industry posted a $5.2...
May 20 2022 // Hub Launches Nonprofit Specialty PracticeInsurance broker Hub International, with decades of experience in the sector, has launched a nonprofit specialty practice to serve the risk management, insurance and human capital...
May 13 2022 // Africa Specialty Risks (ASR), the pan-African focused reinsurance group, announced its energy division’s capacity increased to $38 million, provided through its ongoing relationship with GIC Re and Peak Re.This...
May 13 2022 // Lloyd’s broker Superscript has launched a dedicated product for distributed ledger technology (DLT), digital asset, and blockchain businesses.The product, named Daylight, will help digital asset businesses secure...
May 12 2022 // Canopius CUO Duffy to Retire Next YearCanopius Group, the London-based global specialty re/insurer, announced that, after nearly 17 years of service, Group Chief Underwriting Officer Mike Duffy will retire in 12...
May 12 2022 // Florida restaurants have had little success in recent lawsuits against Lloyd’s of London over insurance coverage for shutdowns during the COVID-19 pandemic.On Wednesday, Florida’s 3rd District Court of Appeal,...
May 11 2022 // Commercial insurance market Lloyd’s of London is encouraging members of its 100-odd syndicates to attend its annual general meeting next week online rather than in person, due to the threat of climate protests.Since...
Apr 29 2022 // QBE North America launches Specialty Casualty businessQBE North America today announced the launch of a Specialty Casualty business as part of its strategy to invest in areas where the insurer can offer distinct advantages...
Apr 28 2022 // ATLANTA, Ga., April 28, 2022 — Breckenridge Insurance welcomes Peter Friend as senior underwriter to its specialty property program team. Friend has more than 15 years of experience in the industry having worked across...
Apr 28 2022 // Shares in Lloyd’s of London insurer Lancashire jumped nearly 10% on Thursday as it estimated net losses in Ukraine at around $20-30 million and said further potential losses in the region were within its risk...
Apr 27 2022 // Specialty Comp Insurance Solutions Promotes Steve Math to President & CEOSpecialty Comp Insurance Solutions (SCIS), a division of Specialty Program Group, LLC (SPG), promoted Steve Math, FCAS, to president and chief...