All the headlines from our Underwriting Topic Page, ordered by recency.
Oct 6 2022 // Pen Underwriting, the London-based managing general agent and Arthur J. Gallagher subsidiary, announced a new multi-year strategic partnership with Aviva in support of its personal lines and property owners’...
Sep 30 2022 // This edition of International People Moves details appointments at AXA XL Reinsurance and the MGA Rokstone.A summary of these new hires follows here. AXA XL Reinsurance Promotes Twite to CEO, BermudaAXA XL Reinsurance...
Sep 22 2022 // Google Cloud and The Travelers Companies said they are working together to create a cloud-based data ecosystem that will help Travelers’ underwriters more efficiently evaluate risks for large and middle market...
Sep 22 2022 // ATLANTA, Ga., September 22, 2022 — Breckenridge Insurance announces the formation of BreckTechUW, a newly formed technical lines complex property operation, focusing primarily on US risks in the energy transition market....
Sep 19 2022 // Growth in net premiums and a decline in policyholder dividends were eclipsed by losses and expenses to result in a $6.3 billion net underwriting loss for the U.S. property/casualty industry at the half-way mark of...
Sep 13 2022 // SAN DIEGO, Sept. 13, 2022 – Kathy Cody has been named chief executive officer of Orchid Underwriters Agency, and Ross Bowie has been named its president and chief underwriting officer. In addition, Steven Carlsen will...
Sep 12 2022 // ATLANTA, Georgia, September 12, 2022 — Breckenridge Insurance welcomes Sam Frihart as a commercial property underwriter to its specialty property program team. Frihart has four years of underwriting experience on the...
Sep 9 2022 // While the days of cash flow underwriting are a distant memory for veteran insurance executives, the need for industry’s more recent “preoccupation” with underwriting profit is starting to subside, two...
Sep 9 2022 // While Lloyd’s reported a strong underwriting profit during the first half and its best combined ratio in five years, similar to many insurers, it saw an overall loss as a result of its investments.Underwriting...
Sep 8 2022 // AXIS Launches Streamlined Cyber and Liability Policy for Small and Mid-Sized BusinessesThe new AXIS Cyber Technology and Miscellaneous Professional Liability (ACTM) policy aims to help businesses avoid potential gaps in...
Sep 6 2022 // The MEMIC Group, specialists in workforce safety, has hired John Coaker as senior production underwriter in the Southeast. Coaker, based in Georgia, has worked in the industry for more than two decades. He will work with...
Sep 6 2022 // Growth in net premiums and a decline in policyholder dividends were eclipsed by losses and expenses to result in a $6.3 billion net underwriting loss for the U.S. property/casualty industry at the half-way mark of...
Sep 5 2022 // The 2022 combined ratio for the property/casualty insurance industry is forecast to be 100.7, a worsening of 1.2 points relative to 2021, driven by significant deterioration in the personal auto line.Loss pressures and a...
Sep 2 2022 // Three years of soaring directors and officers liability insurance prices pushed combined ratios down to the mid-to-high 90s, but new entrants and potential claims volatility may spell trouble for underwriters in the years...
Aug 26 2022 // A former Swiss Re AG underwriter won her sex discrimination suit after she was left humiliated by a senior manager who told her “If I had breasts like yours I would be demanding too.”Julia Sommer was unfairly...
Aug 25 2022 // Highstreet Insurance Partners has acquired Michigan-based Paragon Underwriters. Paragon Underwriters is a program manager that focuses exclusively on attorneys and law firms. Highstreet. has now completed 125 transactions...
Aug 16 2022 // The 2022 combined ratio for the property/casualty insurance industry is forecast to be 100.7, a worsening of 1.2 points relative to 2021, driven by significant deterioration in the personal auto line.Loss pressures and a...
Aug 16 2022 // Ryan Specialty Appoints New Senior Leadership within Underwriting Managers SpecialtyChicago-based Ryan Specialty has made appointments to three new senior leadership roles within the Underwriting Managers specialty. Brian...
Aug 9 2022 // Argenta Underwriting Asia Pte Ltd (AUA) announced that it will cease writing new and renewal business in Singapore with immediate effect. This decision follows a strategic review of the business written through the...
Aug 9 2022 // Insurer American International Group Inc. beat market estimates for quarterly profit on Monday as a jump in underwriting income cushioned the blow from lower investment returns.Net premiums written in the company’s...