All the headlines from our Excess Surplus Topic Page, ordered by recency.
Sep 30 2002 // A.M. Best Co. affirmed the financial strength rating of “A-” of the Lloyd’s market with a stable outlook. Lloyd’s has a financial size category of XV. Lloyd’s excellent business profile,...
Sep 30 2002 // Insurance Journal publisher Mark Wells recently spoke with Michael J. Hall, chairman of M.J. Hall & Company Inc. and president of Golden Bear Insurance Company, both headquartered out of Stockton, Calif. Hall shared...
Sep 30 2002 // Friday the 13th of September will henceforth be known at Lloyd’s as the day that members approved a plan that will radically alter the way the London market is conducted.Ignoring any bad luck associated with the...
Sep 30 2002 // A.M. Best Co. affirmed the financial strength rating of “A-” of the Lloyd’s market with a stable outlook. Lloyd’s has a financial size category of XV. Lloyd’s excellent business profile,...
Sep 30 2002 // Lloyd’s Chairman Sax Riley told an audience of 600 insurance professionals in Milan, Italy that the way in which business organizations manage the risks they face is becoming an increasingly important factor in the...
Sep 30 2002 // Friday the 13th of September will henceforth be known at Lloyd’s as the day that members approved a plan that will radically alter the way the London market is conducted.Ignoring any bad luck associated with the...
Sep 27 2002 // Standard & Poor’s announced the launch of its Lloyd’s Syndicate Assessments (LSAs), “a new tool for analyzing the syndicates operating in the Lloyd’s of London Insurance Market.”S&P...
Sep 25 2002 // The six-month profit increase earned by property & casualty insurers reported recently by A.M. Best Co. is a step in the right direction, but conditions in the industry aren’t as rosy as such improved financials...
Sep 24 2002 // BRIT Insurance Holdings PLC, a leading participant in the Lloyd’s market, announced plans to raise around £204million ($316 million) through a rights offering. The company plans on using the funds to increase its...
Sep 20 2002 // Trenwick Group Ltd. announced that it has entered into an agreement with Berkshire Hathaway to increase the total premium capacity of Trenwick Managing Agents’ Syndicate 839 at Lloyd’s for the 2002 year of...
Sep 19 2002 // ACE Risk Management (ARM), part of ACE USA, announced the creation of a new unit, ARM Excess Workers’ Compensation. The ARM Excess Workers’ Compensation unit offers risk managers and brokers the ability to...
Sep 18 2002 // Custom Insurance Solutions (CIS) of San Antonio announced that Austin-based wholesale MGA, Austin Surplus Lines Agency Inc., contracted with CIS’ for its AIM Management System. Austin Surplus Lines has 80 employees...
Sep 18 2002 // The industry got together in Whistler, British Columbia July 25-28 for the Western States Surplus Lines Conference. Below are some images captured over those three days. Can you find yourself? Derek Borisoff of Monarch...
Sep 14 2002 // Lloyd’s announced on Friday that 79.88 percent of those eligible to vote at an Extraordinary General Meeting on Thursday had backed the reform proposals prepared and endorsed by Lloyd’s management.The vote...
Sep 10 2002 // Schinnerer & Company Inc. of Chevy Chase, Md. is now offering liability coverage to architects, engineers, land surveyors, landscape architects and specialty consultants through CNA’s E-Pack. With this newest...
Sep 9 2002 // As the 16,000 plus members of Lloyd’s began preparing to cast their votes for or against the reform proposals at a special meeting on Thursday, Sept. 12 (See IJ Website Aug. 30, Sept.3) Chairman Sax Riley made what...
Sep 2 2002 // When the nation awoke on the morning of Tuesday, Sept. 11, little did it know that the events over the next few hours would change its lives forever.Not only were there thousands of lives lost and injured, but many more...
Sep 2 2002 // When the nation awoke on the morning of Tuesday, Sept. 11, little did it know that the events over the next few hours would change its lives forever.Not only were there thousands of lives lost and injured, but many more...
Aug 30 2002 // Lloyd’s issued a bulletin yesterday commenting on the responses to its far-reaching reform proposals, indicating that their final form, which is scheduled to be voted on Sept. 12, will better reflect the consensus of...
Aug 28 2002 // A.M. Best announced that it has affirmed the financial strength rating of A- (Excellent) of the Lloyd’s market with a stable outlook.“The affirmation reflects Lloyd’s excellent business profile, excellent...