All the headlines from our Excess Surplus Topic Page, ordered by recency.
Sep 12 2025 // 2024 marked the 7th straight year of double-digit growth for the U.S. excess and surplus lines market, but the top 25 players no longer command 70 percent of the pie, according to a new report.AM Best’s latest report...
Sep 9 2025 // Ariel Re, a global reinsurer with offices in Bermuda, London and Hong Kong, announced it has received “in principle” approval from Lloyd’s to launch a new syndicate.Starting in 2026, Ariel Re will be...
Sep 8 2025 // After surpassing the $100 billion threshold mark in direct premiums written for the first time in 2023, the surplus lines market grew by another 12.3% in 2024 to just under $130 billion, according to the recently released...
Sep 8 2025 // Global growth is slowing as U.S. tariff policy reduces trade and heightens geopolitical uncertainty. That will lead to decelerating growth in insurance premiums.According to Swiss Re, global GDP growth (adjusted for...
Sep 8 2025 // Whatever line of business, the surplus lines industry continues to play a critical and more prominent role in the property/casualty market.“It’s pretty incredible to have watched what the E&S business has...
Sep 5 2025 // International specialty insurer Ryan Specialty announced the formation of a new collateralized reinsurance vehicle called Ryan Alternative Capital Re, Ltd. (RAC Re)RAC Re will deliver additional capacity to Ryan Specialty...
Sep 4 2025 // Lloyd’s first half underwriting result dropped by half to £1.5 billion ($2.0 billion) from £3.1 billion ($4.2 billion) in H1 2024, which was driven primarily by claims from January’s California wildfires.The...
Sep 4 2025 // OAK Global is launching a new strategic business unit, OAK Enterprise, which will be focused on underwriting retrocession business with an appetite for property and specialty classes.The newly formed Lloyd’s...
Sep 2 2025 // Willis, a business of WTW, has launched the first specialty bloodstock insurance solution with Equine MediRecord to make the purchasing of bloodstock insurance more accessible and efficient for horse owners and trainers in...
Aug 28 2025 // The West Virginia Office of the Insurance Commissioner is aking for input on what coverages and classes should be on the surplus lines export list. In keeping with state law, agents and brokers hoping to place types of...
Aug 28 2025 // The California property insurance market is undergoing a dramatic shift. As admitted carriers restrict their appetite for business in the state—particularly in high-risk zones—surplus lines insurers are increasingly...
Aug 22 2025 // This edition of International People Moves details appointments at the broker Aon and the MGA Optio Group.A summary of these new hires follows here. Aon’s Commercial Risk Business Promotes Smaje to Lead...
Aug 21 2025 // Pennsylvania Attorney General Dave Sunday recently announced a $200 million transfer of funds from the Professional Liability Joint Underwriting Association (JUA) into the state’s general fund.The transfer was the...
Aug 20 2025 // Pivix Specialty Insurance Services Inc., a Scottsdale-based excess and surplus managing general agent distributing through wholesale brokers, has opened a brokerage division.Pivix, which is backed by Ambac Financial Group,...
Aug 19 2025 // Inigo Ltd., the Lloyd’s specialty insurer, has launched a product that provides top-up cover on financial fraud policies.The product, called Inigo Crime Excess, is an excess DIC/DIL (difference in conditions and...
Aug 15 2025 // Michigan-based Brightstone Specialty Group announced its acquisition of RMS Hospitality Group and its affiliated claims firm, Fortis Risk Solutions, from RMS Insurance Brokerage, LLC.The acquisitions expand...
Aug 11 2025 // TDB Group, an African trade and development lender, is considering claiming insurance on debt it’s owed by Zambia that has become entangled in a complex restructuring process.The southern African nation, which...
Aug 8 2025 // Zurich Insurance Group reported some record numbers during the first half: business operating profit (BOP) was up 6% to a record US$4.2 billion and core return on equity hit a best-ever number of 26.3%.What is the reason...
Aug 8 2025 // Surplus lines sector continues to grow with mid-year premium reaching $46.2 billion from the 3.7 million items filed so far in 2025, according to data from U.S. surplus lines service and stamping offices in 15 states.These...
Aug 6 2025 // This edition of International People Moves details appointments at Lloyd’s and Arch Insurance International.A summary of these new hires. Lloyd’s Appoints Flaquet From Hiscox as Chief Operating...