A 2020 midyear report on surplus lines premium reported to the U.S. surplus lines stamping and service offices was released today, and it shows that surplus lines growth continues despite the COVID-19 pandemic. Highlights from the 2020 Q1 – Q2 report of the stamping offices include: Total surplus lines premium reported to the stamping officesContinue reading “Surplus lines growth continues according to 2020 midyear report”
Monthly Archives: July 2020
Lloyd’s to Exit U.S. Admitted Market, Focus on U.S. Surplus Lines, Reinsurance
Lloyd’s announced it plans to stop accepting admitted market accounts in the U.S. in a year and focus on the U.S. reinsurance and excess and surplus (E&S) insurance market, where it is the market leader. As part of this strategy to focus on its core markets, Lloyd’s will relinquish its admitted licenses in the U.S.Continue reading “Lloyd’s to Exit U.S. Admitted Market, Focus on U.S. Surplus Lines, Reinsurance”