All the headlines from our Underwriting Topic Page, ordered by recency.
Oct 10 2003 // Newark, Calif.-based RMS, a provider of products and services for the management of catastrophe risk, has expanded its commitment to the Lloyd’s market with the addition of three Lloyd’s managing agents as new...
Oct 6 2003 // A.M. Best Co. assigned a financial strength rating of “A” (excellent) to Oklahoma-based Landmark American Insurance Co. The rating outlook is stable. This rating action follows the close of the Sept. 2...
Oct 6 2003 // New financial privacy requirements and legislation aimed at cutting workers’ compensation costs are the two most significant public policy measures that impacted the property/casualty industry during the 2003...
Oct 2 2003 // ACE Bermuda Insurance Ltd. announced the promotion of Chris Fisher to the position of senior vice president in its property department.He takes on responsibility for the management of ACE Bermuda’s global property...
Sep 30 2003 // The U.S. property/casualty industry’s net income after taxes rose to $14.5 billion in first-half 2003 from $4.4 billion in first-half 2002, as both underwriting and investment results improved, according to Insurance...
Sep 29 2003 // New financial privacy requirements and legislation aimed at cutting workers’ compensation costs are the two most significant public policy measures that impacted the property/casualty insurance industry during the...
Sep 26 2003 // ACE Limited President and COO Evan Greenberg announced that, effective January 1, 2004, Mark Herman has been appointed as President, ACE Global Professional Lines and Andrew Kendrick has been appointed as President and CEO...
Sep 22 2003 // As some in the industry see profits and smoother sailing ahead, other markets are having a tougher time. In a look at the non-profits and public entities markets, Insurance Journal spoke with several experts in those...
Sep 22 2003 // As some in the industry see profits and smoother sailing ahead, other markets are having a tougher time. In a look at the non-profits and public entities markets, Insurance Journal spoke with several experts in those...
Sep 18 2003 // Insurers must be more disciplined in their underwriting and pricing, or they will continue to face unacceptable losses in the homeowners insurance market. That was the advice from a panel of experts at the Annual...
Sep 16 2003 // The property/casualty industry reported robust premium growth and considerably improved underwriting results during the first six months of 2003 over the comparable period of 2002. Driving these results reportedly are the...
Sep 2 2003 // XL America, Inc., a subsidiary of XL Capital Ltd., announced the execution of a general agency agreement with International Catastrophe Insurance Managers, LLC (ICAT), of Boulder, Colo., a specialist in underwriting...
Aug 29 2003 // Pennsylvania Insurance Commissioner Diane Koken, in her capacity as the state regulator for the insurance industry, has released enforcement actions and market conduct examinations taken in July against insurance producers...
Aug 26 2003 // Zurich North America and Zurich London announced that George Bolton has joined the London office as their first trade credit insurance underwriter in that location. He has transferred from Zurich’s Washington, D.C....
Aug 22 2003 // “Underwriting – The First Line of Defense” is the theme for this year’s Underwriting Conference, sponsored by the Alliance of American Insurers and the American Association of Insurance Services...
Aug 22 2003 // NYMAGIC, Inc. announced that its insurance subsidiary, New York Marine And General Insurance Company, would assume the new and renewal business written under a primary marine cargo program managed by Southern Marine &...
Aug 18 2003 // The anniversary of the Sarbanes-Oxley Act of 2002 (SOX) has opened the door of dialogue to the benefits of sustainable, effective corporate governance. The Securities and Exchange Commission’s (SEC) shift in focus...
Aug 18 2003 // The anniversary of the Sarbanes-Oxley Act of 2002 (SOX) has opened the door of dialogue to the benefits of sustainable, effective corporate governance. The Securities and Exchange Commission’s (SEC’s) shift in...
Aug 13 2003 // Bermuda-based Platinum Underwriters Holdings, Ltd. reported second quarter net income of $26.6 million, and basic and diluted net income per common share for the quarter of $0.62 and $0.57, respectively.Board Chairman...
Aug 8 2003 // Fairfield, Ohio-based carrier Ohio Casualty Corp. announced second-quarter net income of $11 million, or 18 cents per diluted share, down from a year ago’s $13.1 million, or 21 cents per diluted share. The company...