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Coverys Launches London Market Insurer, Approved to Write US E&S Business
Jul 2 2024 // Coverys Ltd., a UK entity in the Coverys Group of Companies, has received regulatory authority to launch a London company market insurer, effective June 26. Coverys Ltd. is part of Coverys’ dedicated London platforms...
Fidelis Partnership Syndicate 3123 Begins Underwriting Business at Lloyd’s
Jul 1 2024 // The Fidelis Partnership and Fidelis Insurance Holdings Ltd. jointly announced that Syndicate 3123 has formally begun underwriting business at Lloyd’s. Syndicate 3123, also known as The Fidelis Partnership Syndicate,...
Warburg Pincus’ K2 Launches London-Based MGA, K2 Rubicon Specialty
Jun 21 2024 // K2 International, the specialty re/insurance underwriting platform that is owned by private equity firm Warburg Pincus, announced the launch of a London-based MGA called K2 Rubicon Specialty. The new MGA division was...
Markets/Coverages: E&S MGA Ledgebrook Launches Architects & Engineers Product
Jun 21 2024 // Ledgebrook, the Boston-based excess-and-surplus managing general agent, announced it will be expanding its professional lines offerings by launching an architects and engineers product with its capacity provider, the...
People Moves: Canopius Taps AXA XL’s Houghton as Product Leader, Specialty; Swiss Re Promotes Camara to Head of P/C Re in Northern, Central, Eastern Europe
Jun 19 2024 // This edition of International People Moves details appointments at Canopius and Swiss Re. A summary of these new hires follows here. Canopius Taps AXA XL’s Houghton as Product Leader, Specialty Canopius, the...
US E&S Growth Slower in 2023; Berkshire, AIG Top Premium Rankings
Jun 13 2024 // An analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market has slowed since a peak growth rate of 32.3% recorded in 2021. In 2023, growth remained...
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