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Excess/Surplus Special Report

How will the rates fare in 2005 in the excess/surplus market, with or without the cataclysmic storms of 2004? What says the famed leader of one of the top E&S carriers out there?


             Current Installment
E&S Rates: 'A Tolerable Nuisance'
2005-01-01
By Cyril Tuohy
Modest increases reported for 2005 could shoot skyward, however, as medical inflation devours any hard-fought gains. Let buyers beware, and make sure they have a policy with insurers who will be around a decade from now.

Trimming a Surplus
2005-01-01
By Jack Roberts
Only companies with sound balance sheets can absorb the kinds of claims that result from unexpected losses, and that's going to mean consolidation in the not-too-distant future, says Kevin H. Kelley, CEO of Lexington Insurance Co., the world's largest excess and surplus carrier. Risk & Insurance¿ interviewed Kelley in his Boston office.


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