All the headlines from our Underwriting Topic Page, ordered by recency.
Sep 26 2012 // Lloyd’s of London’s first six months of 2012 financial figures couldn’t evince a greater difference from those posted in the first half of 2011. It posted profits of £1.53 billion ($2.47...
Sep 24 2012 // CRC|Crump, Preferred BrokerageCRC|Crump has signed an agreement with Preferred Concepts in New York to acquire select assets of the company’s Preferred Brokerage business unit. Terms were not disclosed. J.C....
Sep 20 2012 // XL Group plc’s insurance operations announced the opening of a new office in Lyon , France and the appointments of Auberi Etienne and Clotilde Bartok to join the team serving middle market companies in France.Both...
Sep 19 2012 // North Carolina-based insurance wholesaler AmWINS Group Inc. said it has partnered with two insurance industry executives, Terry Younghanz and Richard Parks, to form a new managing general underwriter (MGU) focused on...
Sep 18 2012 // Thousands of farmers are filing insurance claims this year after drought and triple-digit temperatures burned up crops across the nation’s Corn Belt, and some experts are predicting record insurance losses —...
Sep 11 2012 // Assurant’s solar group named Cindy Henry as the new director of Solar Underwriting and Account Management.Henry will be based in Fountain Valley, Calif. and support the company’s solar insurance business and...
Sep 10 2012 // Jeff Menary has been named vice president of Reinsurance at Grinnell Mutual Reinsurance Co., located in Grinnell, Iowa, and Kurt Eaves has been named vice president of Direct Underwriting/Production. Both position changes...
Sep 10 2012 // The commercial general liability market for the U.S. construction industry continues to firm with underwriters seeking rate increases of up to 15 percent, according to a report published by Marsh. Construction firms with...
Sep 10 2012 // U.S. property/casualty insurers’ operating performance improved significantly in the first half of 2012, according to Fitch Ratings.The aggregate combined ratio of 47 publicly traded property/casualty (re)insurers...
Sep 7 2012 // Assure Space, LLC, a new space insurance agency for satellite risks, has partnered with Auster Capital Partners (ACP) and Space Florida for the provision of launch and in-orbit insurance to satellite operators worldwide....
Sep 6 2012 // Mitsui Sumitomo at Lloyd’s announced the promotion of Stuart Wood to Class Underwriter for Professional Indemnity (PI) within its Professional Lines operation.Wood joined Mitsui Sumitomo at Lloyd’s in 2009. He...
Sep 5 2012 // A.M. Best has published a review of the international reinsurance market, which analyzes the performance of the largest reinsurers (rated by gross premiums written). Although the figures – based on 2011 – do not...
Sep 5 2012 // The Catlin Group Limited announced that Markus A. Eugster has been appointed Chief Underwriting Officer for Catlin Re Switzerland.He joined Catlin in 2010 as Underwriting Director and Deputy Chief Underwriting Officer at...
Sep 4 2012 // Kiln, the international specialist insurance and reinsurance underwriting group, which is a part of Tokio Marine, announced that it has appointed Petra Pudemat as a new property underwriter in Frankfurt to write a broad...
Aug 31 2012 // The commercial general liability market for the U.S. construction industry continues to firm with underwriters seeking rate increases of up to 15 percent, according to a report published by Marsh. Construction firms with...
Aug 31 2012 // Petersen International Underwriters has released a new disability insurance product intended to pay benefits based on an insured person’s potential future income. The plan, titled “Loss of Future Earnings...
Aug 30 2012 // The newly acquired Lloyd’s ANV Syndicate announced the opening of its Accident and Health (A&H) business. The business was “previously authorized as part of Syndicate 1861’s 2012 business plan and in...
Aug 29 2012 // Freberg Environmental Insurance (FEI) has formed an agreement to underwrite environmental insurance coverage with Berkley Custom Insurance Managers, LLC, a newly formed member company of W. R. Berkley Corp. In addition to...
Aug 24 2012 // U.S. property/casualty insurers’ operating performance improved significantly in the first half of 2012, according to Fitch Ratings.The aggregate combined ratio of 47 publicly traded property/casualty (re)insurers...
Aug 22 2012 // The Marine insurance operation of XL Group plc has expanded its regional underwriting capabilities in Chicago, adding Pete Shepeck, Brian Stockton and Jeannine Liebig to its team.Shepeck joins XL as regional vice...