Reinsurance News
excess & surplus lines
MGT and Amwins partner to manage E&S risks with AI
4th February 2026
MGT, a vertically artificial intelligence (AI)-native neo-insurer, has entered into a strategic partnership with Amwins, a distributor of specialty insurance products and services, to select risks in the rapidly expanding Excess & Surplus (E&S) market through its proprietary AI-driven underwriting and pricing platform. This partnership aims to combine Amwins’ unparalleled wholesale ... Read the full article
Surplus lines market premium growth slows in Q3’25: AM Best
29th January 2026
Following years of consistent and significant growth, competitive market pressures have resulted in smaller year over year increases in premium growth in the surplus lines market, according to a recent report by AM Best. In the third quarter of 2025, AM Best reported that premium growth in the excess and surplus ... Read the full article
AIG names Neil Smallcombe President of Lexington Insurance Company
23rd January 2026
Global insurer American International Group (AIG) has announced the promotion of Neil Smallcombe as President, Lexington Insurance Company, the firm’s U.S. surplus lines insurer. In his new role, Smallcombe will leverage his over two decades of industry experience to lead Lexington’s A&E, Casualty, Healthcare and Western World businesses. He will also work ... Read the full article
Skyward Specialty introduces excess coverage for E&S property
15th January 2026
Skyward Specialty Insurance Group, Inc., part of Skyward Group, has broadened its Excess & Surplus (E&S) property offerings by introducing excess coverage. The expansion is part of the Company’s ongoing efforts to provide a wider range of E&S solutions. The additional capacity is intended to support layered programmes for complex, non-catastrophe ... Read the full article
Helix USA partners with QBE NA to launch commercial SME property programme
9th January 2026
Helix USA, the wholly owned subsidiary of Bermuda-domiciled independent, multi-line managing general agent, Helix Underwriting Partners Ltd., has entered into a strategic partnership with QBE North America, a provider of commercial insurance solutions, to launch a Commercial SME property programme. This partnership aims to expand Helix USA's property capabilities in the ... Read the full article
AM Best adjusts US excess and surplus lines segment outlook to stable
18th November 2025
Credit rating agency AM Best has updated its outlook for the US excess and surplus (E&S) lines insurance market from positive to stable, reflecting slower premium growth and the beginning of rate softening. The agency reported that rate increases are easing in certain classes and that uncertainties in loss costs, including ... Read the full article
Surge in specialty carrier launches: ALIRT study
30th September 2025
There has been a surge in new specialty carrier launches since 2018, many established to take advantage of an attractive pricing environment and the perceived growth of permanent niche underwriting opportunities, according to a recent study by ALIRT. In its annual Surplus Lines study, ALIRT noted that while specialty carriers remain ... Read the full article
AmTrust expands E&S division and welcomes senior industry talent
16th September 2025
AmTrust has announced the expansion of its Excess and Surplus (E&S) division, introducing new product lines in property, environmental, and builders risk, and welcomed senior industry talent. Through the expansion, AmTrust has consolidated its Primary, Excess, and Environmental products into a new brokerage casualty group, creating an integrated platform for cohesive ... Read the full article
Fitch reports seventh year of double-digit growth for US E&S insurance in 2024
15th September 2025
Fitch Ratings, a credit rating agency and provider of financial research, reported that the US excess and surplus (E&S) insurance market continued its remarkable growth streak in 2024, with direct written premiums rising 11 percent. Although this was below the 15 percent expansion recorded in 2023, Fitch emphasised that the sector ... Read the full article
Pinpoint UK a long-term play for AM Specialty Insurance Company: Barder and Powell
24th July 2025
For the latest Reinsurance News video interview, we spoke with Shevawn Barder, Founder and CEO of AM Specialty Insurance Company (ASIC) and Darren Powell, CUO of Pinpoint UK, to hear their plans for the new MGA and how progress has been so far as the E&S carrier ... Read the full article
ICW Group enters E&S market with new business unit, ICW Specialty
20th June 2025
California-domiciled privately held insurance company, ICW Group Insurance Companies, has launched a new Excess and Surplus (E&S) business unit, ICW Specialty. The unit is being launched through VerTerra Insurance, ICW Group's Excess and Surplus lines insurer. Operating out of Atlanta, ICW Group will build ICW Specialty's products and “go-to-market and distribution strategies” ... Read the full article
CNA launches new brand Cardinal E&S
19th June 2025
CNA Financial Corporation has launched Cardinal E&S, a new brand dedicated to the excess and surplus (E&S) market, offering specialised insurance solutions tailored to brokers handling complex, hard-to-place risks. According to CNA, Cardinal E&S will partner with wholesale brokers through its dedicated, specialised underwriting teams focused on casualty, property, healthcare and ... Read the full article
Surplus notes gaining popularity among insurers as financial flexibility tool: AM Best
24th March 2025
AM Best, a global credit rating agency specialising in the insurance sector, has released a new report shedding light on a significant trend in the US property/casualty (P&C) and health insurance markets. According to their findings in the Special Report, "Hard Reinsurance Market Makes Surplus Notes Attractive for Some," surplus notes ... Read the full article
Chubb’s Westchester forms three new business practices and announces new leaders
30th January 2025
Global insurer Chubb recently announced the formation of three new business practices (Property, Casualty, and Financial Lines) within its Excess and Surplus Lines Division Westchester. This move aims to strengthen Westchester's service to its Digital and Middle Market, Brokerage, and Programs businesses. The company also announced the appointment of three new leaders ... Read the full article
US E&S insurance market poised to maintain upward trajectory, says Conning
3rd January 2025
The Excess and Surplus (E&S) insurance market has experienced significant growth, achieving a 21% compound annual growth rate over the past five years, surpassing $104 billion in premiums in 2023, and is expected to continue its upward trajectory, according to a report by Conning. Lauryn Kothavale, Vice President of Insurance Research ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
