Trending Excess Surplus Headlines

The most viewed headlines from our Excess Surplus Topic Page over the last 30 days.

#1 Lloyd’s CEO Neal Appointed Aon CEO of Reinsurance, Chairman of Climate Solutions

Jan 8 2025 // Insurance broker Aon plc announced the appointment of John Neal as global CEO of Reinsurance and chairman of Climate Solutions, effective following the conclusion of Neal’s notice period at Lloyd’s of London...

#2 AIG Leads Launch of Reinsurance Syndicate at Lloyd’s

Dec 13 2024 // American International Group announced it has led the launch of a new reinsurance syndicate at Lloyd’s. Commencing underwriting from Jan. 1, 2025, Syndicate 2478 will be a multi-year participant on AIG’s...

#3 Ryan Specialty to Acquire Nashville-Based Velocity Risk Underwriters MGU

Jan 7 2025 // Ryan Specialty, a specialty insurance services firm and trading partner for agents and brokers, plans to acquire Nashville-based Velocity Risk Underwriters, with a closing date early this year.Velocity Risk, providing...

#4 Lloyd’s of London Trade Body Examines Planned Conduct Overhaul

Dec 16 2024 // Lloyd’s of London members have set up a working party to examine the commercial insurance market’s plans to overhaul its conduct rules, a trade body said on Friday, following criticism of the strengthened...

#5 Ryan Specialty Forms Contingency Unit, Joining Paradiso Risks and Alive Risk

Dec 13 2024 // Ryan Specialty, Chicago-based specialty insurance services firm, announced that Paradiso Risks is joining Alive Risk, Ryan Specialty’s sports, leisure and entertainment managing general underwriter.London-based...

#6 Alabama Now Requiring Quarterly Reports From Surplus Lines Brokers

Jan 8 2025 // Starting this spring, surplus lines brokers in Alabama must file quarterly reports showing all surplus lines transactions, the state Department of Insurance said this week.The rule is in keeping with state law and took...

#7 AXIS to Transfer $2.3B of Reinsurance Reserves to Enstar in Boost to Specialty Focus

Dec 17 2024 // AXIS Capital Holdings Ltd. and Enstar Group Ltd. announced they have entered into a loss portfolio transfer (LPT) reinsurance agreement, which will retrocede $2.3 billion of AXIS’s reinsurance reserves.Structured as...

#8 Future Pandemic Could Cause $13.6 Trillion in Economic Losses Over 5 Years: Lloyd’s

Dec 11 2024 // Another human pandemic could cause economic losses of $13.6 trillion for the global economy over a five-year period, commercial insurance market Lloyd’s of London predicted.The impact would mainly be from disruption...

#9 Digital Lloyd’s Syndicate Ki to Become Standalone Business Within Fairfax Group

Dec 12 2024 // Brit Ltd. and Ki announced that Ki will operate as a standalone company within the Fairfax Group, effective Jan. 1, 2025.Ki was incubated and launched by Brit in 2020 and began writing business on Jan. 1, 2021 with its own...

#10 People Moves: AXIS Taps Chubb’s Farrup to Lead Global Mkts, Succeeding Gregory; Agile’s Lloyd’s Syndicate Hires AXA XL’s Hughes for London Marine Operation

Jan 6 2025 // This edition of International People Moves details appointments at AXIS Capital Holdings and Agile Insurance Group.A summary of these new hires follows here. AXIS Appoints Chubb’s Farrup as Head of Global Markets,...

#11 Core Specialty to Purchase London Aviation Underwriters

Jan 7 2025 // Core Specialty Insurance Holdings Inc. and its subsidiaries have agreed to purchase London Aviation Underwriters Inc. (LAU), in a stock and cash transaction.Financial details of the deal, which is expected to close early...

#12 Cyber Specialty MGA Envelop Risk Extends Capacity Backing From MS Reinsurance

Dec 11 2024 // Envelop Risk, the data-driven cyber reinsurance and analytics specialist, announced it has just completed a capacity agreement with MS Reinsurance for a further three years.Further to that, MS Reinsurance recently became a...

#13 ConnectUW Holdings Opens for Business at Lloyd’s

Dec 17 2024 // ConnectUW Holdings, the parent company of Connect Underwriting and other specialist reinsurance MGAs, announced it will take ownership of Lloyd’s box number 356 from Dec. 23, 2024.Situated in the company market...