10-03-2016 18:27 via insuranceinsider.com

Lexington launches $250mn wholesale-only property line

Surplus lines giant Lexington has launched a new wholesale-only
property excess product offering up to $250mn of capacity,
Inside E&S can reveal.
According to sources, the AIG subsidiary began offering the
capacity on 1 March through its Boston-based national branch to
target a range of commercial properties with large-scale capacity
needs.
The carrier will offer up to a $250mn line on layers of property
placements that exclude natural catastrophe risk.
On layers that include natural catastr
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