Latest Underwriting Headlines

All the headlines from our Underwriting Topic Page, ordered by recency.

AIG Q1 Underwriting Income More Than Halved on Wildfire Losses

May 1 2025 // First quarter underwriting income in AIG’s General Insurance segment dropped 59% compared to last year, to $243 million.The unit—North America commercial, International commercial, and global personal—recorded...

People Moves: SmartChoice Chooses Caldwell as CEO; Griffin Promoted to Zurich US Head of Multinational Underwriting; Burns & Wilcox Names New York, Chicago Leaders

May 1 2025 // SmartChoice Names Caldwell CEOSmart Choice, headquartered in Greensboro, North Carolina, restructured its executive leadership, naming Andrew Caldwell as CEO, while founder Doug Witcher has transitioned to the chairman of...

People Moves: SiriusPoint Taps AIG’s Gibson as International Chief Underwriting Officer; Howden Appoints McLaughlin From Chaucer to Lead Howden Re Miami

Apr 30 2025 // This edition of International People Moves details appointments at SiriusPoint and Howden.A summary of these new hires follows here. SiriusPoint Taps AIG’s Gibson as International Chief Underwriting...

AIG: Turning One Human Underwriter Into Five, ‘Turbocharging’ E&S

Apr 30 2025 // Some property/casualty insurers talk about experimenting with artificial intelligence to automate call center responses and back-office operations. But that’s not the road to turbocharging growth that AIG CEO Peter...

People Moves: CEO of Carbon Retires for Health Reasons, Succeeded by Ferrier; Chaucer Taps SCOR’s Brown, Everest’s Cleair as Underwriters for International Property

Apr 29 2025 // This edition of International People Moves details appointments at the managing general underwriter Carbon Underwriting and specialty re/insurer Chaucer.A summary of these new hires follows here. CEO of Carbon Retires for...

People Moves: Ryan Specialty Appoints Kelleher President of SUITELIFE Underwriting Managers

Apr 24 2025 // Chris Kelleher Ryan Specialty, headquartered in Chicago, Illinois, appointed Chris Kelleher president of SUITELIFE Underwriting Managers effective June 30. The hotel and resort industry-focused managing general underwriter...

Transatlantic Underwriters Expands Into Property, Liability Coverage, Names Flores SVP

Apr 22 2025 // Transatlantic Underwriters, a specialized wholesale brokerage for trucking and transportation insurance, is making a limited move into broader property-casualty coverage. The Marietta, Georgia-based firm, founded in 1989,...

Business Moves: Applied Underwriters Completes Spin-Off of United Risk

Apr 21 2025 // Applied Underwriters has spun-off United Risk as an independent, stand-alone operating company.United Risk, which was announced in November 2023, is a global property/casualty underwriting platform comprised of 28...

Gen AI Is Shaking Up Underwriting, but Can It Replace Human Judgment?

Apr 21 2025 // Artificial intelligence technology has continued to evolve, and it’s affecting many areas of insurance from claims to underwriting to customer service, according to panelists at the 2025 PLUS D&O Symposium in New...

New Hampshire Regulates Use of Technology in Auto Claims, Property Underwriting

Apr 18 2025 // The New Hampshire Insurance Department (NHID) has issued a bulletin clarifying insurers’ obligations when using virtual claims adjustment systems to assess automobile damage.That guidance came in response to a...

People Moves: Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle East; DUAL Europe Expands Marine Business With New Team in Hamburg, Germany

Apr 17 2025 // Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle EastSpecialty MGA Africa & Middle East, part of MNK Group and a sister company of Specialty MGA UK, announced the appointment of two new senior...

People Moves: Markel Promotes Brooke to Senior Underwriter of War and Terrorism; BHSI Promotes Kidd to Newly Created Role of Head of Underwriting in Europe

Apr 10 2025 // Markel Promotes Brooke to Senior Underwriter of War and TerrorismMarkel, the insurance operations within Markel Group Inc., announced that Matthew Brooke has been promoted to senior underwriter, War and Terrorism,...

Markets/Coverages: MGA Helix Underwriting Launches Professional Lines Program

Apr 9 2025 // Helix Underwriting Partners Ltd., the Bermuda-based managing general agent (MGA), has launched a professional lines program with a maximum line limit of $10 million.Backed by Somers Re, the Bermuda-based program is writing...

AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years

Apr 7 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit.AM Best in a “First Look” at U.S. P/C financial results said the industry left 2024 with a...

Gen AI Is Shaking Up Underwriting, but Can it Replace Human Judgment?

Mar 21 2025 // Artificial intelligence technology has continued to evolve, and it’s affecting many areas of insurance from claims to underwriting to customer service, according to panelists at the 2025 PLUS D&O Symposium in New...

AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years

Mar 18 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit.AM Best today in a “First Look” at US P/C financial results said the industry left 2024 with...

Berkshire, Progressive Are Underwriting Profit Leaders; Industry Sets Income Record

Mar 12 2025 // S&P Global Market Intelligence expects the U.S. property/casualty insurance industry to post more than $100 billion of net income for 2024—and that the biggest underwriting profits contributing to the figure will...

US P/C Industry Improves Despite 2024 Underwriting Loss: Changes in Personal Lines Segment Driver of Expected Improvement

Mar 10 2025 // The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection, most notably in the personal lines sector.A report from industry...

FTP, INC. Announces Strategic Acquisition of Coastal Flood Underwriters

Mar 7 2025 // Old Bridge, NJ March 07, 2025 – FTP, INC. announced today its acquisition of Coastal Flood Underwriters, LLC, a premier provider of flood insurance solutions. This strategic move strengthens FTP’s commitment to...

AmFam Reports Underwriting Profit for 2024 to Reverse Losses Last Two Years

Mar 6 2025 // After two years of combined ratios over 110, American Family Insurance reported an underwriting profit in 2024—with a 96.6 for the year for all property/casualty lines it writes.The improvement from a 110.8 in 2023 and...