All the headlines from our Underwriting Topic Page, ordered by recency.
Apr 23 2019 // Axon Underwriting Services LLC, the Somerville, N.J.-based specialty lines program administrator, announced the formation of Axon Re to offer its cargo and stock throughput reinsurance program within the Latin American...
Apr 22 2019 // Hannover Re announced it is scaling back its exposure to coal-fired power plants and coal mines, joining a growing list of re/insurers that have made similar moves.In addition to excluding coal-based projects from its...
Apr 22 2019 // After two consecutive years of combined ratios above 100, the U.S. property/casualty industry returned to a modest statutory underwriting profit in 2018 as catastrophe losses slowed, premium growth accelerated and several...
Apr 15 2019 // American International Group has named Carla Ferrara as head of communications for AIG’s Investments organization. Ferrara will be based in New York and report to Elaine Rocha, chief operating officer of AIG...
Apr 4 2019 // Managing general agency and surplus lines broker, J.M. Wilson, has hired Nicole Lloyd as assistant transportation underwriter in its Westerville, Ohio, office.Lloyd is responsible for assisting underwriters on a wide...
Apr 4 2019 // AXA XL has promoted Jennifer Minors to senior vice president – product line leader in its Bermuda Professional Lines Insurance business.Minors is responsible for managing directors and officers (D&O), professional...
Apr 4 2019 // Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even hard-to-place, small or one-off inland marine risks at the best possible...
Apr 3 2019 // UK specialty managing general agent (MGA) Nexus Group lived up to its description as an “acquisitive insurance intermediary holding company,” with the purchase this week of an MGA and an insurance broker.On...
Apr 3 2019 // Arch Insurance (UK) Ltd., part of Bermuda-based Arch Insurance International, has completed the acquisition of UK managing general agency Axiom Underwriting, having initially purchased a 60 percent share of the business in...
Apr 2 2019 // Boston-based Corvus Insurance, an artificial intelligence (AI)-driven insurtech company offering Smart Commercial Insurance policies, has opened an office in Dallas and hired Greg Wagner as vice president of Cyber...
Apr 1 2019 // Ironshore Specialty Casualty has appointed Casey Hartley as senior vice president and head of programs. She will oversee the development, marketing and distribution of programs lines, working with programs administrators...
Mar 28 2019 // Tel Aviv-based Sayata Labs has raised $6.5 million in seed funding for its cybersecurity and data science capabilities that give insurers and brokers the ability to assess the cyber risk of small and medium sized...
Mar 26 2019 // There has been plenty of talk about how cyber continues to evolve in an ever-changing technology landscape, how cyber risks have become increasingly sophisticated and how the insurance industry needs to keep...
Mar 21 2019 // SCOR Global P&C announced the following reinsurance appointments, effective April 1, 2019: Michel Blanc has been promoted to CEO of Reinsurance, following Jean-Paul Conoscente’s appointment as CEO of SCOR Global...
Mar 21 2019 // The former chief executive officer of XL Group, Mike McGavick, admits that frequently during his career he has taken on leadership roles that some of his contemporaries considered too hot to handle—such as the...
Mar 20 2019 // PERse (Power.Energy.Risk), a managing general underwriter specializing in property and casualty insurance products for energy and power production facilities with a specialized focus on renewable energy, has opened a new...
Mar 19 2019 // Charlotte, North Carolina, March 19, 2019 – Consolidated Claims Group LLC (CCG), a leading provider of independent claim investigations, announced the acquisition of San Francisco-based Research Specialists Inc. (RSI), a...
Mar 18 2019 // California, a bellwether state in many ways, rang in 2019 with a regulation banning the use of gender in auto insurance underwriting and rating. Prior to this regulation, insurers used gender in California for more than 30...
Mar 15 2019 // Pioneer Underwriters, the underwriting group within Minova Insurance Holdings, announced it has appointed Nick Greggains as CEO of Pioneer’s U.S. operation, effective March 25.Greggains succeeds current U.S. CEO Gene...
Mar 14 2019 // Expect calls for the insurance industry to stop investing in or insuring the fossil fuel industry and fossil fuel projects to grow louder in California and throughout the U.S.A new petition by several climate change and...