Latest Excess Surplus Headlines

All the headlines from our Excess Surplus Topic Page, ordered by recency.

People Moves: New Hires at RT Specialty, Optisure Risk Partners

Nov 2 2021 // Jenna Koch joined the environmental and construction professional (ECP) practice of RT Specialty as an account administrator.In this role, she is responsible for helping the team’s senior executives manage the...

Climate Protesters Spill 1,000 Liters of Fake Oil Outside Lloyd’s of London

Oct 29 2021 // Climate protesters spilled a 1,000 liters (220 gallons) of fake oil outside Lloyd’s of London Friday, part of a campaign to draw attention to the finance industry’s financing of fossil fuels.The activists were...

Lloyd’s Ups Climate Pledge, Vows to Push Members on Net Zero: Reuters

Oct 28 2021 // Lloyd’s of London said on Thursday it would join peers in scaling up efforts to cut carbon emissions and push members of the commercial insurance market to do the same, days before international climate talks get...

People Moves: Tysers’ Allen to Oneglobal Bermuda; MS Amlin Promotes Wallington for Specialty Re; Kessler Named Chair of Insurance Europe’s Reinsurance Advisory Board

Oct 25 2021 // Allen appointed as Head of Financial Lines for Oneglobal BermudaOneglobal Broking, the London-based specialist broker, announced that Christina Allen will join Oneglobal Bermuda as head of Financial Lines. Allen will...

Cowbell Cyber, Palomar E&S Enter Multi-Year Partnership

Oct 21 2021 // Cowbell Cyber, an AI-powered cyber insurance provider for small to medium enterprises, announced a strategic partnership with Palomar Excess & Surplus Insurance Co. to expand its offerings on a non-admitted basis...

Hamilton to Cease Writing Property Treaty Reinsurance Through Its Lloyd’s Syndicate

Oct 20 2021 // Hamilton Insurance Group Ltd. announced its decision to cease writing property treaty reinsurance through Syndicate 4000 in London.“We regularly review our book to ensure that we continue to drive underwriting...

Beazley Launches First ESG Syndicate at Lloyd’s

Oct 19 2021 // Specialist insurer Beazley has received in-principle approval from Lloyd’s to launch Syndicate 4321 from Jan. 1, 2022. Once fully approved, the syndicate will focus exclusively on offering additional capacity to...

Skyward Specialty Adds Cannabis Coverage for D&O and E&O Lines

Oct 14 2021 // Skyward Specialty Insurance Group is broadening its professional and management liability offerings for the U.S. legal cannabis market by adding cannabis-related risk to multiple coverage classes. The company’s...

People Moves: WTW Hires ERS’ Shepherd to Lead Facultative; Specialty Insurer Fusion Names Gallagher’s Simmonds as Managing Partner; AXIS’ Quane Is CUO at Beazley

Oct 14 2021 // This edition of International People Moves details appointments at broker Willis Towers Watson, specialty insurer Fusion and insurer Beazley.A summary of these new hires follows here. Willis Towers Watson Hires ERS’...

Lloyd’s Re/Insurer Apollo Receives $90M Investment From Alchemy Partners

Oct 12 2021 // Apollo Group Holdings Ltd., the largest independent, management-owned business at Lloyd’s, announced it has agreed a $90 million investment by Alchemy Special Opportunities Fund IV LP.Apollo said the investment will...

SECURA Insurance Begins Offering Specialty Lines Products in Pennsylvania

Oct 12 2021 // SECURA Insurance has begun offering its specialty lines products in Pennsylvania. For the initial launch, the company is partnering exclusively with Keystone agencies throughout the state focusing on classes such as...

SiriusPoint Appoints Reinsurance Exec Heerasing; HDI Promotes Ogden as Director of Underwriting/Distribution; Besso Builds Property/Specialty Team With Hires From Tysers

Oct 12 2021 // This edition of International People Moves details appointments at re/insurer SiriusPoint, insurer HDI Global, and Lloyd’s broker Besso.A summary of these new hires follows here. SiriusPoint Appoints Top Reinsurance...

Specialty MGA Rokstone Launches Terrorism Facility in the UK, Led by Ensurance’s Steel

Oct 12 2021 // Rokstone, the London-based speciality re/insurance managing general agency, has launched a new terrorism facility with “A”-rated capacity in the UK. The news follows the launch of its terrorism product in the...

Takeaways from Our Conversation on Cannabis and Surplus Lines

Oct 11 2021 // Powered by InsuranceJournal.tvIt may not come as much of a surprise to those who know about insurance and cannabis that the business is written mostly by the surplus lines market. Just how much is written there vs. the...

Specialty Program Group Acquires Assets of CM&F Group

Oct 7 2021 // Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, acquired the assets of CM&F Group, a digital provider of healthcare liability insurance coverage for...

Texas Records $699.8M in Surplus Lines Premiums in September

Oct 6 2021 // Texas surplus lines premium recorded during September totaled $699.8 million, bringing the state’s year-to-date premium up to $6.88 billion.The Surplus Lines Stamping Office of Texas (SLTX) said the year-to-date...

Lloyd’s and London’s Finance District Confront a Past Steeped in Slavery

Oct 6 2021 // LONDON — British ships ferried over 3 million enslaved African people across the Atlantic Ocean. Lloyd’s of London insured many of those vessels, the people chained below deck sometimes categorized as...

People Moves: Ed Bermuda Names Marsh’s Juul as Head of Casualty; Mosaic Hires Jones From Liberty Specialty Markets; BHSI Promotes 2 for UK & Europe

Oct 5 2021 // This edition of International People Moves details appointments at Ed Bermuda, Mosaic Insurance and Berkshire Hathaway Specialty Insurance (BHSI).A summary of these new hires follows here. Ed Bermuda Names Marsh’s...

People Moves: Management Changes at Safety National Re; Westfield Specialty’s New Underwriting Execs; UFG Searches for New CFO

Oct 5 2021 // Safety National Re, a division of Safety National Casualty Corp., made changes to its management team.Bob King, formerly senior vice president and chief underwriting officer of Treaty Reinsurance, assumed the role of...

Lloyd’s Broker Tysers Launches Specialist Products for New Live Events Landscape

Oct 4 2021 // Lloyd’s broker Tysers has developed and diversified its entertainment insurance products and services to reflect the new live events landscape.For the music & live events sector, the broker has launched two...