With 40 percent premium growth in 2013, Berkshire Hathaway climbed five spots in the U.S. excess and surplus lines (E&S) ranking by SNL Financial, while QBE scaled back its North American operations and fell three places. Berkshire Hathaway Inc. is …
Excess and surplus insurance broker and managing general agent, SSA Insurance Services, has added Madelyn Cohen to its executive team in Louisiana. Cohen’s responsibilities at SSA will include acquiring and developing new markets, commercial and personal line placements, recruiting new …
Growing capacity will limit rate hikes and promote persistent competition in the excess and surplus (E&S) lines market, Fitch Ratings said in a recent report. The U.S. E&S market, which reversed a four-year consecutive slide in direct written premiums in …
During the past 20 to 30 years typical business dealings between wholesale insurance brokers and retail agents have evolved from being purely transactional experiences to those that are highly dependent upon relationships and expertise, according to professionals on both sides …
Bermuda-based Brit Insurance and Maiden Holdings, Ltd. have announced a temporary 100 percent quota share reinsurance of Maiden’s Excess and Surplus (E&S) unit, Maiden Specialty, with Brit Global Specialty. The bulletin said the “arrangement will shortly evolve into Brit assuming …
