All the headlines from our Underwriting Topic Page, ordered by recency.
Jun 12 2018 // Markel International, the specialist insurer, has been granted a license by the Insurance Regulatory and Development Authority of India to write reinsurance business in the country. Capacity will be provided by...
Jun 11 2018 // Limehouse Agencies, part of Risk Transfer Group Ltd. (RTG), announced it has acquired Corporate Underwriting Ltd. (CUL), a specialist marine underwriting agency and Lloyd’s coverholder.The acquisition of Dublin-based...
Jun 7 2018 // Big changes are ahead at The Schinnerer Group, a managing general underwriter (MGU), which is getting a new name – Victor – and has some major expansion plans.From its current premium base of $1.2 billion, Victor has...
Jun 4 2018 // Smart Choice has named Chris Reisdorf, formerly of All Risks, to lead the company’s efforts in North Carolina as state director.A 25-year veteran of the insurance industry, Reisdorf has worked in a number of areas...
Jun 4 2018 // Workers’ compensation insurers are managing their premiums dollars better than they have in years, but those premium dollars are stagnating even as employment and wages are rising.In 2017, for the fourth consecutive...
Jun 4 2018 // An interview was recently published in a major industry publication with a notable ex-CEO of a prominent insurance company. Throughout the article, the ex-CEO bemoaned how power and profit has shifted to brokers from...
Jun 1 2018 // The former chief executive of an insurance company believes the center of value of the property/casualty industry has shifted away from one of the activities that would seem to define an insurance risk-taking enterprise:...
May 31 2018 // Portage, Michigan-based wholesale insurance organization, J.M. Wilson, has promoted Braden Black to brokerage underwriter.Black is responsible for quoting new and renewal brokerage business and servicing accounts for...
May 29 2018 // The property & casualty insurance and group benefits industry is changing faster than ever, or at least faster than any time in any reader’s history. Many factors are the parents of such change. In part one of...
May 24 2018 // The International Underwriting Association of London (IUA), representing carriers operating in or through London, has formed a group on cyber underwriting specifically for reinsurers.The organization said the move follows...
May 24 2018 // Complying with the European Union’s new General Data Protection Regulation is leading insurers and reinsurers to dilute the types of data they gather—something that could diminish underwriting quality, A.M. Best...
May 24 2018 // Specialty insurer Neon announced that Theo Butt will be joining the company in September in the newly-created role of group underwriting director for Neon Holdings Limited. Butt joins Neon from Ascot Underwriting where he...
May 22 2018 // Castel Specialty, the division of managing general agent Castel Underwriting Agencies Limited for smaller books of niche business, has expanded its portfolio with the launch of Castel Political Risk.Led by Tom White,...
May 21 2018 // There appears to be a misalignment between carrier performance and independent agents’ expectations in both personal and commercial lines. These are selected findings of “Agent Voices 2018,” a...
May 21 2018 // Kansas City-based independent insurance broker, Lockton, named Said Taiym executive vice president and chief digital officer.Taiym will focus on digital innovation and new technologies to help Lockton. He most recently was...
May 18 2018 // Millstream Underwriting, part of independent specialty managing general agent Nexus Group, has launched Caritas, a new product that combines several lines of business the company underwrites into a specifically designed...
May 18 2018 // XL Catlin has added Jason Gardenhire as underwriter to its regional US War, Terrorism & Political Violence insurance team. He is based in Dallas. Gardenhire will lead XL Catlin’s Terrorism and Political Violence...
May 18 2018 // After a tumultuous 2017, the U.S. commercial lines market should eke out a small underwriting profit in 2018 assuming catastrophe losses return to more historical norms, Fitch Ratings said in a new report.Still, Fitch is...
May 15 2018 // SafeWaters Underwriting Managers (SafeWaters) has appointed Kevin Kempf as vice president and head of cargo in the U.S. Kempf is based in Melville, N.Y.He joined SafeWaters on April 1, 2018, and brings knowledge of cargo...
May 7 2018 // The New York Department of Financial Services (DFS) has fined Chubb Ltd. and its subsidiary, Illinois Union Insurance Company, $1.3 million for underwriting the National Rifle Association (NRA)-branded Carry Guard...