All the headlines from our Underwriting Topic Page, ordered by recency.
Sep 17 2020 // Specialty insurer Canopius Group has appointed Lisa Davis to the new position of president and chief underwriting officer of Canopius USA, effective October 1.Davis joins Canopius from Sompo America Insurance Services,...
Sep 17 2020 // Arcadian Risk Capital is launching as a new underwriting operation based in Bermuda that will initially underwrite excess casualty and professional lines insurance.Arcadian said it has received its license from the Bermuda...
Sep 16 2020 // Western Security Surplus (WSS), a part of XPT Partners, has hired industry veteran Suzy Baird as senior broker/underwriter with Houston Surplus Lines (HSL), a division of WSS.Baird is based out of the WSS Houston office....
Sep 14 2020 // The tailwinds propelling the global reinsurance sector are sufficient impetus for the ratings agency AM Best to retain its stable outlook for the reinsurance industry, despite multiple challenges.During a virtual press...
Sep 14 2020 // Economic uncertainty and volatility, in combination with COVID-19-related losses, is leading to a heightened level of cautiousness among property reinsurers unless pricing and terms and conditions meet specific thresholds,...
Sep 11 2020 // While Lloyd’s overall results in the second half were hit by £2.4 billion ($3.12 billion) of COVID-19 claims, the market’s underlying underwriting performance saw a “huge improvement,” which Chief...
Sep 11 2020 // American International Group announced that Chris Rash has been appointed chief executive officer of Talbot Underwriting, which operates within the Lloyd’s Insurance Market through Syndicate 1183.Rash has also been...
Sep 10 2020 // Greenlight Capital Re, the Cayman Islands-based specialist property and casualty reinsurance company, has appointed Greenlight Re’s chief executive officer, Simon Burton, to serve also as the company’s chief...
Sep 8 2020 // Dallas-based Risk Point Underwriters LLC has named Scott A. Hoy executive vice president for the specialty auto dealer underwriting unit. Hoy will be responsible for driving profitable growth and delivering customer...
Sep 8 2020 // London Underwriters has released a beta version of its new online platform, Bunch, in the state of Texas.London Underwriters, which has administrated its own proprietary Lloyd’s of London commercial property program...
Sep 7 2020 // The Lloyd’s market looks unlikely to turn an underwriting profit in 2020 given the pandemic and hurricane season. However, there are signs of improvement, according to analysts at S&P Global Ratings.S&P notes...
Sep 7 2020 // U.S. property/casualty insurance underwriting income dropped 5.5% in the first half of 2020 versus the same period last year. Higher underwriting expenses and policyholder dividends largely connected to COVID-19 costs are...
Sep 2 2020 // Specialty insurance brokerages Ryan Specialty Group and All Risks have closed on the merger the two firms into Ryan Specialty Group.The deal unites Chicago-based Ryan Specialty Group and its nearly $12 billion in premium,...
Sep 1 2020 // Atlanta, GA, September 1, 2020 — Breckenridge Insurance Services is pleased to welcome Carrie B. Mudd to the wholesale brokerage and binding firm. Mudd joins the organization as a vice president, underwriter with over 17...
Aug 27 2020 // U.S. property/casualty insurance underwriting income dropped 5.5 percent in the first half of 2020 versus the same period last year. Higher underwriting expenses and policyholder dividends largely connected to COVID-19...
Aug 26 2020 // Accredited Surety & Casualty Company Inc., a wholly owned subsidiary of Randall & Quilter Investment Holdings Ltd. (R&Q) and a Florida-domiciled insurance company licensed in all 50 states to write admitted...
Aug 26 2020 // MS Amlin Underwriting Limited, the Lloyd’s (re)insurer, has appointed Andrew Carrier to the new position of chief underwriting officer.Carrier will be responsible for managing all of MS AUL’s underwriting...
Aug 24 2020 // 1. Offset Negativity. What can you show your clients that you are doing to help them during the pandemic? Everyone is tired of hearing how all their business income (BI) claims are denied. What are you doing to offset all...
Aug 21 2020 // The Lloyd’s market looks unlikely to turn an underwriting profit in 2020 given the pandemic and hurricane season. However, there a signs of improvement, according to analysts at S&P Global Ratings.S&P notes...
Aug 19 2020 // Ironshore Environmental has named Kelly Killimett to lead its newly established wholesale team. Killimett will be responsible for developing and executing an integrated underwriting and sales strategy dedicated to serving...