American International Group (AIG) lost its long-held spot at the top of the surplus market in 2010 after a 13 percent decrease in direct-premiums written, says insurance-rating-agency A.M. Best Co. in a special report released at this years NAPSLO convention.
A special report on the surplus lines market reveals Lloyds of London has taken over as the leader in surplus-lines market share with 18.3 percent compared with 16.8 percent held by AIG companies.