All the headlines from our Underwriting Topic Page, ordered by recency.
Mar 2 2015 // RenaissanceRe Holdings Ltd. announced that it has completed its acquisition of Platinum Underwriters Holdings Ltd. The acquisition was originally announced on November 24, 2014.“The combination of RenaissanceRe and...
Feb 27 2015 // Liberty International Underwriters has added five risk engineers to its U.S. and Latin America risk engineering team to focus on energy-related opportunities and civil construction projects in response to the resurgence in...
Feb 27 2015 // Ariel Specialty will commence underwriting E&S property business on March 1st, 2015, with business being written through wholesale brokers only on a limited appointment basis and on behalf of Ariel’s...
Feb 27 2015 // Jorge Aimini has joined the Miami office of All Risks as a brokerage underwriter. Aimini’s responsibilities will comprise of underwriting accounts within the parameters of All Risks’ contract binding agreements...
Feb 24 2015 // Ratings agency A.M. Best has downgraded the financial strength rating (FSR) to B+ (Good) from B++ (Good) and the issuer credit rating (ICR) to “bbb-” from “bbb+” of Delta Lloyds Insurance Co. of...
Feb 23 2015 // Berkshire Hathaway Specialty Insurance (BHSI) announced two appointments to its leadership and underwriting team in Asia, naming Malin Fredriksson as Asia regional head of first party lines, and Kiran Prakash as Asia...
Feb 23 2015 // Managing general agency and surplus lines broker J.M. Wilson promoted Samantha Johnston to property/casualty underwriter in its Portage, Mich., office. Samantha Johnston Johnston will be responsible for quoting, binding...
Feb 19 2015 // Insurance wholesaler J.M. Wilson has promoted Thomas Tobolic to property/casualty underwriter in its Portage, Mich. office. Thomas Tobolic Tobolic is responsible for quoting new and renewal accounts for a wide variety of...
Feb 13 2015 // Coverys, a Boston-based provider of medical professional liability insurance and related services, announced the creation of Coverys Specialty Insurance Company, a new excess and surplus lines underwriting company.The New...
Feb 13 2015 // A.M. Best has revised the outlook to stable from negative for the financial strength rating (FSR) and issuer credit rating (ICR) of Illinois Casualty Co. (Illinois Casualty) in Rock Island, Ill., while affirming the FSR of...
Feb 12 2015 // Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, has named Valoree Celona to its recently-created position of senior vice president of Medical Professional Liability Insurance.Based in...
Feb 12 2015 // RenaissanceRe Holdings Ltd. announced it has received all regulatory approvals required in connection with its previously announced acquisition of Platinum Underwriters Holdings, Ltd.The transaction remains subject to...
Feb 11 2015 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B- (Fair) and the issuer credit ratings of “bb-” of the members of Oklahoma Farm Bureau Group: Oklahoma...
Feb 9 2015 // The first nine months of 2014 saw policyholders’ surplus for the U.S. property/casualty insurance industry reach record levels. At the same time, net income after taxes declined substantially and overall...
Feb 6 2015 // Pioneer Underwriters* announced the launch of a new EU regulatory compliant product for alternative investment fund managers (AIFMs). This specialist product is aimed at AIFMs domiciled outside of the EU, which in addition...
Feb 4 2015 // IFG Companies has announced that Michael A. Fleischer has joined as executive vice president and chief underwriting officer. In that capacity, Fleischer will be directly responsible for all policies, practices and...
Feb 4 2015 // Liberty Mutual’s national insurance property operation has named Melissa Kayali division underwriting manager in its West region. Based in Los Angeles, Calif. Kayali is responsible for expanding Liberty...
Feb 3 2015 // Construction, Occupancy, Protection and Exposure (COPE) are the same four basic elements of underwriting data that real property underwriters have used for nearly 300 years.So what are these time-honored elements? The...
Jan 29 2015 // Chicago-based CNA Financial Corp. has appointed Jeff Zehr as vice president, segment underwriting. In this position, he will expand his responsibilities to include leadership and governance for the commercial lines...
Jan 29 2015 // ACE Limited reported Q4 operating Income of $827 Million and record full-year Earnings of $3.3 Billion, up 4.7 percent per share. Net income for the fourth quarter ended December 31, 2014, was $1.66 per share, compared...