All the headlines from our Underwriting Topic Page, ordered by recency.
Sep 30 2021 // Workers’ compensation underwriters have been consistently generating better underwriting profits than other property/casualty lines of business, and did so again in 2020 amid the pandemic.According to an AM Best...
Sep 29 2021 // AM Best downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb+” (Fair) from “bbb-” (Good) of Casualty Underwriters Insurance Co. in Salt...
Sep 29 2021 // This edition of International People Moves covers appointments at Amwins Global Risks, AXA XL and Randall & Quilter.A summary of these new hires follows. Amwins Global Risks Launches Underwriting Portfolio Management...
Sep 27 2021 // SiriusPoint Names Zurich’s Charles as Head of Americas P/C InsuranceSiriusPoint Ltd., the Bermuda-based global specialty insurer and reinsurer, announced that Patrick Charles has joined the company as head of...
Sep 20 2021 // Insurers have revealed a cautious willingness to underwrite fire safety risks on new projects to remove defective cladding from high rise buildings. Around two-thirds of respondents to a survey by the International...
Sep 17 2021 // Ryan Specialty Group announced the appointment of Miles Wuller to chief executive officer of RSG Underwriting Managers, Ryan Specialty’s underwriting management specialty.Wuller will replace Tom Clark who is...
Sep 10 2021 // Property and casualty reinsurers have displayed underwriting discipline during this year’s renewals, continuing with rate corrections that began several years ago, despite the pressures of abundant capacity. Prices...
Sep 8 2021 // Ryan Specialty Group announced that Tom Clark, chief executive officer of RSG Underwriting Managers, Ryan Specialty’s underwriting management specialty, will resign from his position effective September 30, 2021,...
Sep 6 2021 // With primary rate changes approaching 50% and underwriting questions about network controls becoming more and more detailed, cyber insurers and reinsurers are reacting to an onslaught of ransomware attacks against...
Sep 6 2021 // The U.S. property/casualty industry grew its net underwriting income by 28% in the first six months of 2021 compared with the same prior-year period.According to a new AM Best report, a 5.4% growth in net earned premiums...
Aug 30 2021 // Align Financial Holdings, LLC (“Align”), a general agency and specialist program underwriting manager announced that it has acquired Atlanta-based NationsBuilders Insurance Services, Inc. (“NBIS”),...
Aug 23 2021 // The U.S. property/casualty industry grew its net underwriting income by 28% in the first six months of 2021 compared with the same prior-year period.According to a new AM Best report, a 5.4% growth in net earned premiums...
Aug 10 2021 // This post is part of a series sponsored by TransUnion.Credit-based insurance risk scores draw from credit data to more accurately assess consumer risk and improve the underwriting process Today, credit-based insurance...
Aug 10 2021 // Blenheim Underwriting Ltd. announced it has received final approval and the necessary permissions from UK regulators and Lloyd’s to act as a managing agency for Syndicate 5886.The effective date of transfer of...
Aug 5 2021 // This edition of International People Moves covers two promotions at the insurer Fidelis and a new hire at broker OneGlobal in Bermuda.A summary of these appointments follows here. Fidelis, the Bermuda-based insurer, has...
Jul 30 2021 // Occam Underwriting, the specialist lines-focused managing general agent, has announced the promotion of Chief Financial Officer Mark Fisher to chief executive officer, subject to regulatory approval.The previous CEO, Lance...
Jul 29 2021 // CFC Underwriting, the London-based specialist managing general agent, announced that Chief Innovation Office Graeme Newman has been appointed as the company’s new CEO. Founder and current CEO, Dave Walsh, will assume...
Jul 29 2021 // Private property/casualty insurers in the U.S. saw their net income after taxes increase significantly in the first quarter to $20 billion from $17.9 billion in the first quarter of 2020. Growth was fueled, in part, by an...
Jul 27 2021 // Millers Mutual Insurance, a regional property/casualty insurance carrier, promoted Samuel Hess to vice president and chief information officer, effective immediately.As CIO, Hess will partner with Millers’ business...
Jul 20 2021 // With a focus on delivering unmatched underwriting acumen via programs that fill complex needs within the market, Amwins Underwriting is excited to announce the launch of two new Oil and Gas programs: Oil & Gas...