All the headlines from our Underwriting Topic Page, ordered by recency.
Aug 15 2014 // Catlin Group Limited (CGL) announced that Andrew McMellin, currently CEO of the Group’s US underwriting hub, will become CEO of the London hub during the first half of 2015.The bulletin also explained that Paul...
Aug 12 2014 // XL Group announced that it is addressing “businesses’ growing interest in Trade Receivables Insurance (TRI),” with the addition of “underwriting resources with the appointments of Jennifer...
Aug 11 2014 // Trinity Underwriting ManagersInc. (TUMI), a Georgia-based program administrator, announced the hiring of Don Oxidine as senior underwriter responsible for managing the company’s fleet intermodal trucking...
Aug 7 2014 // Wesley C. (Tripp) Duesenberg, III, has been named president of Georgia-based managing general agency Southern Insurance Underwriters.He will succeed Wesley C. Duesenberg Jr., who has served as president for the previous 30...
Aug 7 2014 // Heidi Burke New Day Underwriting Managers LLC, a Hamilton, N.J.-based specialty intermediary for environmental and construction-related professional liability insurance coverage, has hired Heidi Burke as account manager....
Aug 7 2014 // San Diego, Calif. (Aug. 7, 2014) – Atlas General Insurance Services, LLC, a national multi-line program manager, welcomes Jill Bay-Weber as the new senior vice president of the commercial division.In her new role,...
Aug 4 2014 // Net income for Berkshire-Hathaway soared nearly 41 percent to $6.4 billion in second-quarter 2014, with nearly $2.0 billion of investment gains lifting the total, while underwriting profits for Berkshire-Hathaway’s...
Jul 31 2014 // The Hartford Financial Services Group said Wednesday its 2014 second quarter net loss widened to $467 million, compared to a net loss of $190 million during last year’s second quarter. The results were hit by $617...
Jul 31 2014 // SCI Underwriting Management, LLC, a managing insurance agency with a focus on the aging service industry, has launched four new products for the segment: property (ultimate cover); nursing home auto coverage; crime...
Jul 23 2014 // LevelFirst, a wholesale broker and managing general agency based in Dallas, Texas, announced Ryan Taylor has joined the company as a senior underwriter/broker. Taylor brings 10 years of wholesale experience to the company....
Jul 23 2014 // Dallas, TX – July 23, 2014 – U.S. Risk Insurance Group, Inc. (www.usrisk.com), the eighth largest managing general agency and surplus lines wholesaler in the nation, announced that it has named Jonathan Hagan an...
Jul 22 2014 // Wholesale insurance broker Cooper Gay Swett & Crawford (CGSC) has launched an underwriting management agency specializing in the healthcare industry. The new venture, Pro-Praxis Insurance, will be led by Robert Allen...
Jul 21 2014 // Private U.S. property/casualty insurers’ net income after taxes fell to $13.8 billion in first-quarter 2014 from $14.3 billion in first-quarter 2013.Insurers’ pretax operating income – the sum of net gains or...
Jul 21 2014 // Insurers Hiscox Ltd., Beazley Plc and Catlin Group Ltd. are reaping the benefits of the U.S. market, according to a report from SNL Financial. SNL data shows how the three companies with significant participation in the...
Jul 17 2014 // Fitch Ratings is forecasting that 2014 will end up as the second consecutive year of underwriting profits for the property/casualty industry with modest increase in the combined ratio. But the results for 2014 won’t...
Jul 16 2014 // Specialist lines underwriting agency CFC has launched an intellectual property product focused on small and medium sized companies. The product can cover the costs associated with a number of intellectual property...
Jul 10 2014 // Aiming for a bigger role in the market for large, complex global property risks, Liberty Mutual has expanded its National Accounts Property unit and added five underwriters.The unit provides ground-up, shared and layered,...
Jul 7 2014 // Insurers Hiscox Ltd., Beazley Plc and Catlin Group Ltd. are reaping the benefits of the U.S. market, according to a report from SNL Financial. SNL data shows how the three companies with significant participation in the...
Jul 7 2014 // The Bermuda-based Arch Capital Group Ltd. (ACGL) has announced promotions in the reinsurance group “to support the recent expansion of the Company’s mortgage insurance and reinsurance operations.”Marc...
Jul 7 2014 // As waves of capital reshape reinsurer’s business model, the property/casualty (P/C) insurance industry needs to change, although how remains a matter of debate.Reinsurers face a growing threat from the capital...