Headlines from our Casualty Topic Page with the most time spent reading.
Feb 19 2025 // Leaders of the casualty insurance practices of a global insurance carrier and a North American specialty brokerage offered insights for insurance buyers and sellers to deal with today’s casualty insurance market...
Jan 28 2025 // Everest Group preannounced full-year 2024 earnings yesterday, disclosing about a 45% drop in net income attributable to a $1.7 billion boost in its casualty insurance reserves.The company, which writes more than twice as...
Aug 22 2025 // AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Southern...
Feb 19 2025 // While writing primary casualty insurance is more appealing than writing casualty reinsurance, the chief executive of Arch Capital said casualty reinsurance business remains attractive for his company.Speaking during an...
Sep 24 2025 // Ryan Specialty has announced the formation of Clach Casualty Underwriting Managers, a new managing general underwriter focused on providing casualty insurance solutions for complex construction and habitational real estate...
Feb 24 2025 // Selective Insurance Group reported a 24% drop in fourth-quarter 2024 net income as its chief executive admitted the year did “not meet expectations.”Fourth-quarter net income was $93.2 million compared to...
Sep 15 2025 // This edition of International People Moves details appointments at AXA XL and Liberty Specialty Markets (LSM).A summary of these new hires follows here. AXA XL Promotes Smyth as Global Chief Underwriting Officer,...
Sep 25 2025 // Global specialty insurance firm Ryan Specialty announced the formation of Clach Casualty Underwriting Managers, a managing general underwriter (MGU) focused on providing casualty insurance for complex construction and...
Jan 30 2025 // Selective Insurance Group reported a 24% drop in fourth quarter 2024 net income as its chief executive admitted the year did “not meet expectations.”Fourth quarter net income was $93.2 million compared to...
Feb 28 2025 // Reinsurers continued to provide ample casualty reinsurance capacity through the recent January 2025 renewal season – despite concerns about adverse reserve development — however, an availability crisis could be...
Sep 25 2025 // Howden US, headquartered in Columbia, South Carolina, appointed Mark Peterson as head of its construction, infrastructure and surety practice. Peterson joins Mike Parrish’s Howden US team and works closely with...
Apr 24 2025 // Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4 2024, according to the Global Insurance Market Index published quarterly by insurance broker Marsh.The Q1...
Oct 2 2025 // Howden US announced the appointment of Carol Murphy as head of US Casualty.Murphy will join CEO Mike Parrish’s leadership team and partner with Howden’s global specialty leaders to build a US casualty offering...
Sep 8 2025 // Brokerage Lockton announced new leadership appointments within its U.S. casualty business. Peter Rapciewicz has been named U.S. casualty leader, and Jessica Cullen appointed head of excess casualty and...
Sep 26 2025 // MSIG Holdings USA Names Sullivan Board ChairMSIG USA, headquartered in Warren, New Jersey, appointed Martin J. Sullivan, chairman by the board of MSIG Holdings (U.S.A.), Inc. With more than five decades of experience in...
Jul 18 2025 // This edition of International People Moves details appointments at Aon and AXA XL.A summary of these new hires follows here. Aon Appoints Key Leaders in EMEA Commercial Risk TeamInsurance broker Aon plc announced several...
Mar 24 2025 // Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch of an international casualty MGA called Sevanta Specialty Liability Ltd.Sevanta will...
Apr 1 2025 // The Hartford of Hartford, Connecticut said Shekar Pannala was named the company’s chief information officer and leads technology, as well as cybersecurity, infrastructure and cloud modernization.Prior to joining The...
Apr 11 2025 // Willis, a WTW business headquartered in New York City, appointed Dom Spinelli as head of transactional insurance claims for North America. He leads the claims function within Willis’ Alternative Asset Insurance...
Sep 19 2025 // Bruce Griffin HDI Global Insurance Company (HGIC), the U.S. carrier of international Corporate & Specialty insurer HDI Global (HDI), headquartered in Chicago, Illinois, appointed Bruce Griffin as head of casualty....