All the headlines from our Excess Surplus Topic Page, ordered by recency.
Apr 22 2022 // This edition of International People Moves details appointments at Lloyd’s, Chaucer, and H.W. Kaufman Group.A summary of these new hires follows here. Lloyd’s Names Hernandez Market Development Mgr., Central...
Apr 18 2022 // Brownyard’s ‘By The Cover’ Now 15 Additional StatesNew York-based program administrator Brownyard Group announced that its By The Cover, its insurance program for libraries, is now available in 15...
Apr 14 2022 // AIG Appoints Tom Bolt EVP and Chief Risk OfficerAmerican International Group (AIG) said Tom Bolt was named Executive Vice President and Chief Risk Officer, effective immediately. He replaces Sabra Purtill, who was named...
Apr 13 2022 // Boston-based specialty insurance broker One80 Intermediaries reported that it has acquired New York-based Seacoast Specialty Administrators, Inc. Terms of the deal were not disclosed. Established in 1997, Seacoast is a...
Apr 12 2022 // Climate change protesters in London have targeted insurance underwriting house Lloyd’s of London for its role in enabling fossil fuel projects.The City of London Police said they were aware of protests at...
Apr 8 2022 // Inigo Ltd., the new Lloyd’s insurer, has entered the catastrophe bond market for the first time, less than 18 months after the firm began writing its portfolio of specialty insurance and reinsurance.Montoya Re,...
Apr 7 2022 // This edition of International People Moves details appointments at Willis Towers Watson (WTW), Tokio Marine Kiln (TMK), and HDI Global.A summary of these new hires follows here. WTW Names Aon’s Day as Head of...
Apr 6 2022 // With institutional investors providing the bulk of the capital, RenaissanceRe Holdings has announced the creation of a new joint venture dedicated to casualty and specialty risks.Launched with $475 million of capital, the...
Apr 4 2022 // Auto, Home Insurance Bundler Branch Now Available in 25 StatesBranch, an insurance company that touts “instantly-bundled” home and auto insurance, announced its expansion to the six states of Idaho, Iowa, New...
Apr 1 2022 // This edition of International People Moves details appointments at AXIS Specialty Europe and SCOR Syndicate.A summary of these new hires follows here. AXIS Specialty Europe Names Mullarkey as CEOAXIS Capital Holdings Ltd....
Mar 31 2022 // The Lloyd’s re/insurance marketplace announced the next 11 insurtech start-ups that will join the eighth cohort of the Lloyd’s Lab in its 10-week program.Lloyd’s Lab, the market’s innovation...
Mar 30 2022 // Houston, Texas-based Skyward Specialty Insurance Group, Inc. is expanding its Management Liability solutions by offering targeted directors and officers (D&O) coverage to Non-Standard Non-Profit Condominium and...
Mar 29 2022 // Lloyd’s CEO John Neal was involved in a collision with a car while riding his bike on Saturday, March 26, Lloyd’s said in a statement. Neal sustained serious injuries and is undergoing treatment in hospital,...
Mar 24 2022 // Lloyd’s, the world’s leading insurance and reinsurance marketplace, announced “a strong return to profitability” in its 2021 full year financial results, with an overall profit of £2.3 billion...
Mar 17 2022 // Oman Insurance Co. (OIC) and Asta, the third-party managing agent at Lloyd’s, announced that OIC’s syndicate 2880 has received Lloyd’s approval to commence underwriting. Syndicate 2880 was launched under...
Mar 16 2022 // Lloyd’s of London has fined syndicate member Atrium Underwriters over one million pounds ($1.31 million) for bullying and harassment, the largest fine it has imposed for misconduct, the commercial insurance market...
Mar 15 2022 // Russia and Belarus represent less than 1% of business transacted by Lloyd’s of London, the commercial insurance market said, adding that it would look to curtail Russian exposure in several of its specialist...
Mar 11 2022 // Lloyd’s Register, one of the world’s top ship certifiers, is stopping services to Russia after sanctions were imposed on Moscow for its invasion of Ukraine, the company said on Thursday.Classification societies...
Mar 10 2022 // Mosaic Insurance has entered into an agreement to purchase the Lloyd’s managing agency of SiriusPoint as part of a transaction in which the global re/insurer will become a strategic investor in Mosaic.Under the deal,...
Mar 7 2022 // Peter Zaffino, CEO of American International Group (AIG), said the company’s ongoing analysis of the increased frequency and severity of natural catastrophes has led to a decision to move its high net worth...