All the headlines from our Excess Surplus Topic Page, ordered by recency.
Nov 14 2024 // Commercial insurance market Lloyd’s of London is restructuring its data, operations and change departments, which will involve outsourcing some of those units’ work, a Lloyd’s spokesperson said on...
Nov 14 2024 // Doe & Emuss (D&E), the London-based boutique professional liability underwriting manager, has been launched with approved coverholder status at Lloyd’s.D&E is founded and led by industry veterans, Chief...
Nov 14 2024 // Nina Corbo Everest Insurance, the insurance division of Everest Group, headquartered in Warren, New Jersey, appointed Nina Corbo to lead U.S. primary casualty and Debbie Weiser to lead U.S. excess casualty. Corbo oversees...
Nov 13 2024 // Aviva’s Lloyd’s business Probitas announced it began to quote for five new classes of business – marine (cargo, fine art & specie, and ports & terminals), construction, renewable energy,...
Nov 12 2024 // Nonresident surplus lines brokers working in Alabama, like their in-state brethren, must secure a $50,000 fidelity bond to be licensed in the state, starting Jan. 1.The Alabama Department of Insurance posted the bulletin...
Nov 6 2024 // Ryan Specialty, the Chicago-based specialty insurance services firm, has completed the acquisition of Innovisk Capital Partners from Abry Partners and BHMS Investments.Financial details of the deal were not disclosed....
Nov 4 2024 // Monarch E&S Insurance Services (Monarch E&S), a division of Specialty Program Group LLC, announced its strategic acquisition of the assets of Professional Insurance Executives, Inc. (PIE), a leading contract...
Nov 4 2024 // This edition of International People Moves details appointments at Aon Underwriting Managers and Lloyd’s of London.A summary of these new hires follows here. Aon Underwriting Managers Appoints LSM’s Clapham as...
Nov 4 2024 // The global economy could be exposed to losses of US$14.5 trillion over a five-year period from the threat of a hypothetical geopolitical conflict causing widespread disruption to global trade patterns and supply chains,...
Oct 31 2024 // This edition of International People Moves details appointments at Marsh McLennan Latin America and HDI Global.A summary of these new hires follows here. Rivera Appointed CEO of Marsh McLennan LATAM and Caribbean, Brockman...
Oct 29 2024 // Clear Group, the UK independent insurance broker that is owned by Private Equity at Goldman Sachs Alternatives, has entered the wholesale Lloyd’s broker space with the acquisition of Lilley Plummer Risks Ltd., a...
Oct 24 2024 // This edition of International People Moves details appointments at Liberty Specialty Markets and Howden Re.A summary of these new hires follows here. Liberty Specialty Markets Promotes Mahida to Head of 3rd Party Claims UK...
Oct 24 2024 // Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has launched disaster resilience vehicle with the United Nations Capital Development Fund (UNCDF) to deliver disaster risk financing to...
Oct 21 2024 // Now that the market has achieved a first-half profit of £4.9 billion with a combined ratio of 83.7 — its best interim results in 17 years — does this mean the hard market cycle is ending?During a media...
Oct 21 2024 // While the Lloyd’s market reported its best first-half profit in 17 years, it isn’t resting on its laurels. It is carefully monitoring areas where potential vulnerabilities have been identified.During a recent...
Oct 17 2024 // Tokio Marine HCC (TMHCC), based in Houston, Texas, has announced the expansion of its specialty product offering with its entry into the Excess Casualty market. David Perez has been appointed as President, Excess Casualty,...
Oct 17 2024 // This edition of International People Moves details appointments at Liberty Mutual Reinsurance and Marsh.A summary of these new hires follows here. LM Re Taps Vantage Risk’s Sweeney as Specialty Casualty Underwriting...
Oct 16 2024 // This edition of International People Moves details appointments at Aon and Ryan Specialty Underwriting Managers International.A summary of these new hires follows here. Aon Announces New Senior Leadership Roles in U.S....
Oct 11 2024 // MIC Global (MIC), the full-stack embedded micro insurance provider, announced it has applied to become a Lloyd’s coverholder for Greenlight Re’s Syndicate 3456, subject to applicable approvals.This strategic...
Oct 10 2024 // The Lloyd’s insurance market’s only product writing cover for the rescue of miners trapped underground has more than doubled its available cover from $10 million to $25 million with a launch of a new consortium...