Headlines from our Excess Surplus Topic Page with the most time spent reading.
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...
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...
Nov 21 2025 // American International Group Inc.’s announcement last week that it was parting ways with incoming President John Neal stunned insurance industry observers and raised questions about what caused the veteran executive...
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...
Nov 14 2025 // John Neal’s tenure at American International Group (AIG) is over before it began.The former CEO of Lloyd’s of London and AIG reached a “mutual agreement” that he would not join the company due to...
Jul 15 2025 // The best way to tell that the California homeowners insurance market has been a bear is to see where buyers facing higher rates and lack of options in traditional markets are going for alternatives. One choice is the...
Jan 30 2025 // E&S property insurance market conditions were a recurring talking point on two recent earnings conference calls, but the leaders of specialty insurers offering commentary were not perfectly in lockstep in their...
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...
Nov 7 2025 // The Caribbean parametric insurer, CCRIF SPC, announced it will make a second payout of US$21.1 million to the government of Jamaica – a policy triggered by excess rainfall from Hurricane Melissa.This payout follows the...
Sep 16 2025 // AmTrust Financial Services has a busy day on Sept. 15 as it expanded its excess & surplus division to include new lines, appointed leadership, and announced an agreement with Blackstone Credit & Insurance to spin...
Sep 12 2025 // Direct written premiums saw double-digit growth for the seventh straight year for U.S. excess and surplus (E&S) insurers, according to Fitch Ratings’ latest annual property/casualty market review.Per a Fitch...
Jan 16 2025 // There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash on hand to pay for its share of wildfire claims. As surplus is inadequate and reinsurance has a...
May 13 2025 // “You can’t cut yourself to greatness.”Simon Wilson, chief executive officer of Markel Insurance, made the simple statement at a Markel Group brunch meeting for investors in Omaha, Nebraska on May 4 to...
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...
Apr 30 2025 // Some property/casualty insurers talk about experimenting with artificial intelligence to automate call center responses and back-office operations. But that’s not the road to turbocharging growth that AIG CEO Peter...
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...
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...
Oct 24 2025 // CRC Group Names New Team Members in Specialty DivisionCRC Group, headquartered in Birmingham, Alabama, added three new professionals to its CRC Specialty division. Ryan Degale rejoins CRC Specialty as a broker based in...
Jun 26 2025 // A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4% in 2024, down from 14.5% a year earlier.While growth stayed up in double...
Mar 26 2025 // The Cincinnati Insurance Companies have grown business for 75 years through relationships with a carefully selected set of regional independent agents—and business in the surplus lines segment is no exception, executives...