Latest Excess Surplus Headlines

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

ISO Reports Record 2001 Underwriting Losses, Poor Investment Results behind PnC Industry’s First-Ev

Jul 10 2002 // The property/casualty insurance industry recorded its first-ever net loss after taxes in 2001, stemming from sharply higher underwriting losses and substantial deterioration in investment results, according to Insurance...

As Hard Market Persists, E&S Brokers Wait For The Right Opportunity

Jul 8 2002 // Last January separate panels of analysts who follow the insurance industry and CEO’s of insurance companies predicted a “foreshortened” cycle, a brief hard market that would give insurers little relief...

Surplus Directory Prints Success for Agents, Wholesalers

Jul 8 2002 // Having serviced the Excess and Surplus Lines’ community for a quarter century, Insurance Journal’s Excess & Surplus Directory continues its role in providing the latest markets for agents and...

The first and still the best

Jul 8 2002 // For the past 25 years, our Directory of Excess, Surplus and Specialty Markets has been published each January and July. Beginning in 1998, we put that Directory online at www.insurancejournal.com. Agents and brokers can...

LLOYD’S OF LONDON NAMES NEW CHAIRMAN:

Jul 8 2002 // The next chairman of the Lloyd’s of London insurance market was named as Lord Levene of Portsoken. He is presently vice chairman of Deutsche Bank London. Lord Levene will be the first chairman of Lloyd’s in its...

Surplus Lines and the Lloyd’s Market

Jul 8 2002 // Lloyd’s of London is perhaps the most well- known insurer in the U.S., not only due to its 300 years of existence, but also because this country is the London market’s biggest customer, accounting for over 35...

For Lloyd’s, Continued Growth Expected in Surplus Linese

Jul 8 2002 // Lloyd’s of London is perhaps the most well known insurer in the U.S., not only due to its 300 years of existence, but also because this country is the London market’s biggest customer, accounting for over 35...

As Hard Market Persists, E&S Brokers Wait for the Right Opportunity

Jul 8 2002 // Last January separate panels of analysts who follow the insurance industry and CEO’s of insurance companies predicted a “foreshortened” cycle, a brief hard market that would give insurers little relief...

Surplus Directory Prints Success for Agents, Wholesalers

Jul 8 2002 // Having serviced the Excess and Surplus Lines’ community for a quarter century, Insurance Journal’s Excess & Surplus Directory continues its role in providing the latest markets for agents and...

The First and Still the Best

Jul 8 2002 // For the past 25 years, our Directory of Excess, Surplus and Specialty Markets has been published each January and July. Beginning in 1998, we put that directory online at www.insurancejournal.com. Agents and brokers can...

Surveying the E&S Market with Swett & Crawford’s Hartoch

Jul 8 2002 // Swett & Crawford chairman David Hartoch has seen a number of changes in the excess and surplus industry during his decades in the business. As he approaches retirement in December, Hartoch took time out to talk with...

The First and Still the Best

Jul 8 2002 // For the past 25 years, our Directory of Excess, Surplus and Specialty Markets has been published each January and July. Beginning in 1998, we put that directory online at www.insurancejournal.com. Agents and brokers can...

Swiss Re Sigma Study Examines London Market

Jul 5 2002 // A New Swiss Re Sigma report examines the state of the London Market, describing the effects of the sweeping changes that have occurred over the last decade, the ongoing consolidations, the market’s continuing...

National Indemnity Commits $72 Million to Lloyd’s Euclidian

Jul 4 2002 // National Indemnity, a subsidiary of Berkshire Hathaway, has concluded an agreement with Lloyd’s Euclidian Syndicate 1243 to provide £ 50 million ($76 million) in financing on a whole account qualified quota share...

National Indemnity Commits $72 Million to Lloyd’s Euclidian

Jul 4 2002 // National Indemnity, a subsidiary of Berkshire Hathaway, has concluded an agreement with Lloyd’s Euclidian Syndicate 1243 to provide £ 50 million ($76 million) in financing on a whole account qualified quota share...

Lloyd’s Panel Cites Information Flow As Biggest Challenge

Jun 26 2002 // The hard market is having a serious effect on information processing according to a panel of experts established to discuss market conditions by Lloyd’s.Lloyd’s announcement indicated that a number of...

PMA Capital Corp. Rating under Review by A.M. Best

Jun 26 2002 // A.M. Best Co. has placed the “A” (Excellent) financial strength rating of PMA Capital Insurance Company and the “A-” (Excellent) rating of PMA Insurance Group under Review with Negative...

Lloyd’s Sponsored Report Faults Risk-Averse Culture

Jun 19 2002 // A major study by U.K. think-tank Global Futures, sponsored by Lloyd’s of London and the Association of Insurance and Risk Managers (AIRMIC), suggests that following the Sept. 11 attacks a “risk-averse”...

Lloyd’s Selects Lord Levene as New Chairman

Jun 13 2002 // For the first time in over 300 years Lloyd’s of London will be headed by a Chairman from outside the London Insurance Market, as the Council of Lloyd’s announced the selection of Lord Peter Levene of Portsoken,...

Lloyd’s Sees Costs of Risks Continuing to Rise

Jun 10 2002 // Julian James, Director of Worldwide Markets at Lloyd’s, in a speech given last week to business leaders in Singapore and Hong Kong, stated that the costs of risk are continuing to rise.James, attributed the rise in...