All the headlines from our Underwriting Topic Page, ordered by recency.
Jun 15 2016 // Selective Insurance Company of America, a subsidiary of Selective Insurance Group Inc. in Branchville, New Jersey, announced the following officer appointments.Teresa Caro to senior vice president, New Jersey regional...
Jun 14 2016 // Soft market conditions continue to be the biggest concern for the industry, followed by regulation, competition from third party capital, low investment returns, cyber crime and maintaining underwriting discipline,...
Jun 13 2016 // Marketform, the specialist Lloyd’s insurer, announced that the group has today re-launched as “Neon.”The re-launch coincides with the completion of a strategic review of the business, as CEO Martin Reith...
Jun 13 2016 // A.M. Best has removed from under review with positive implications and upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and the issuer credit rating (ICR) to “a” from...
Jun 10 2016 // Benign catastrophe losses, combined with lower and less frequent casualty lines claims, helped Lloyd’s syndicates deliver another strong set of results in 2015, reporting an average combined ratio of 90 percent,...
Jun 10 2016 // Ironshore Inc. has added Oil Casualty Insurance, Ltd. (OCIL) as a subscribing insurer to Iron-Starr Excess Agency Ltd. for Financial Lines business. Iron-Starr currently underwrites on behalf of Ironshore Insurance Ltd....
Jun 9 2016 // CoverHound CEO Keith Moore has a vision of simplifying cyber insurance sales that involves underwriting the security vendors used by insureds—a model that could ultimately allow small business customers to bind their...
Jun 8 2016 // Ironshore Inc. has named Shawn Homand as chief underwriting officer of Global Property to oversee underwriting responsibilities and global product growth strategies throughout Ironshore’s property...
Jun 7 2016 // Aspen U.S. Insurance is expanding its cyber team and has named Josh Ladeau, formerly with Allied World Assurance Co., as senior vice president for Cyber Risk. Ladeau will focus on the growing the cyber portfolio within...
Jun 6 2016 // The Hartford has appointed Mark Shults as division executive for Middle Market sales and underwriting operations in The Hartford’s Central Division. He is based in Frisco, Texas. The Central Division encompasses...
Jun 6 2016 // Specialty insurance provider Allied World Assurance Co. Holdings has named Terry Enright and Ryan Anderson to its North American Mergers and Acquisitions (M&A) underwriting team. Allied World’s North American...
Jun 6 2016 // Underwriting performance for the commercial lines sector of the U.S. property/casualty (P/C) insurance industry is likely to deteriorate in 2016, according to a new report from Fitch Ratings. The expected decline would...
Jun 3 2016 // The Texas Association of Health Underwriters has been recognized with the Blue Ribbon of Excellence Award from the National Association of Health Underwriters.Texas was recognized for this award as part of NAHU’s...
Jun 2 2016 // Markel Corporation has hired Howard Lee as senior underwriter in its trade credit and political risk business in the U.S.Lee will be responsible for business development, strategic planning, expanding broker relationships...
Jun 2 2016 // Texas-based workers’ compensation insurer, Service Lloyds Insurance Co., has added Todd Richardson as the business development manager in its Underwriting unit.He is responsible for the overall leadership of the...
May 31 2016 // Nexus Underwriting, the independent specialty managing general agent (MGA), has signed a three year underwriting capacity deal with XL Catlin in Asia through XL Insurance Co. SE.Through its new branch based in Hong Kong,...
May 27 2016 // Towergate Underwriting has formed a Specialty London Markets underwriting division, by hiring two market leading talents in this important and undeveloped specialist opportunity for the group.John Murphy and Glenn Marshall...
May 25 2016 // Liberty International Underwriters, part of Liberty Mutual Insurance, has launched an Automotive Components Product Recall Policy designed to cover first and third party recall expenses. The policy coverage encompasses...
May 23 2016 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has expanded its Entertainment division with the appointment of four key hires, based in New York City.Allianz Group said...
May 23 2016 // Should the Olympics proceed in Rio de Janeiro in August as planned? With the lighting of the torch set to take place in less than three months, a handful of medical experts are calling for the games to be postponed or...