Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
People Moves: Rokstone Appoints Burrow Head of US Excess Casualty; Canopius Hires Mills to Head US Casualty
Aug 19 2024 // Larry Burrows Rokstone, part of the Aventum Group, appointed Laurence (Larry) Burrows as head of a new US Excess Casualty division. Burrows has over 15 years of experience specializing in US casualty, latterly as a...
People Moves: Everest Launches Global Broker Management Team Led by Izzo; Evolin Broking Launches Casualty Division With 3 Senior Hires
Aug 12 2024 // This edition of International People Moves details appointments at re/insurer Everest Group and Evolin Broking. A summary of these new hires follows here. Everest Launches Global Broker Management Team Led by Izzo Everest...
People Moves: Markel Announces 2 Key Hires for International Casualty Team; Howden Re Taps Gruen From AXIS as Head of Cyber Threat Intelligence
Aug 7 2024 // This edition of International People Moves details appointments at Markel and Howden Re. A summary of these new hires follows here. Markel Appoints 2 Key Hires for International Casualty Team Markel, the insurance...
Jewelers Mutual Acquiring Union Life & Casualty Insurance Agency in Arizona
Jul 24 2024 // Jewelers Mutual Group acquired Union Life & Casualty Insurance Agency in Phoenix, Arizona. JM Insurance Agency Partners Inc., a Jewelers Mutual Group company, will join with UL&C. UL&C has been in the insurance...
People Moves: DUAL Swiss Taps Tokio Marine’s Wyss as Managing Director; WTW Appoints 3 Senior Hires to International Casualty Team
Jul 17 2024 // This edition of International People Moves details appointments at managing general agent DUAL Europe and insurance broker WTW. A summary of these new hires follows here. DUAL Swiss Taps Tokio Marine’s Wyss as...
People Moves: Gallagher Re Appoints Rudden as Head of Green Solutions; Markel Taps BHSI’s Gebran as Head of Casualty in MENA Region
Jun 28 2024 // This edition of International People Moves details appointments at Gallagher Re and Markel. A summary of these new hires follows here. Gallagher Re Appoints Rudden as Head of Green Solutions Gallagher Re announced the...
People Moves: McCarthy to Become ISU CEO; WTW Hires Aon’s Graziano to Lead Casualty Strategy for CRB NA; Markel Names McGrath Head of Fine Art N.A.
Jun 17 2024 // Dan McCarthy ISU Group (ISU), an independent agency network, said Dan McCarthy will become the next chief executive officer, assuming the responsibilities held by T.J. Ryan III over the past 35 years. McCarthy is currently...
People Moves: Everest Names Buonpane Head of Casualty Specialty, Industry Practices; Allied World Appoints Kranz A&E Lead
Jun 11 2024 // Everest Insurance Names Buonpane to Head of Casualty Specialty Lines and Industry Practices Stephen Buonpane Everest Insurance North America, headquartered in Warren, New Jersey, hired Stephen Buonpane to the newly created...
People Moves: Chubb Promotes Kirk as Division President of Chubb Global Markets; Everest Re Promotes Doshi to Head of North America Treaty Casualty
Jun 6 2024 // This edition of International People Moves details appointments at Chubb and Everest Re. A summary of these new hires follows here. Chubb Promotes Kirk as Division President of Chubb Global Markets Chubb announced that...
People Moves: BHSI Promotes Riley to Lead Casualty Biz in Canada as DeSouza Retires; Broker Insights Names Scott CEO, Succeeding Edmond Who Becomes President
May 24 2024 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and the software developer Broker Insights. BHSI Names Riley to Lead Casualty Business in Canada as DeSouza...
People Moves: AXA XL Reinsurance Names Sawyer to Expanded Role of Head of London Casualty, Reinsurance; Fusion Specialty Hires 2 for M&A Team in London
May 14 2024 // This edition of International People Moves details appointments at AXA XL Reinsurance and Fusion Specialty. A summary of these new hires follows here. AXA XL Reinsurance Names Sawyer to Expanded Role of Head of London...
Reserve Strengthening for Casualty Lines Not Over: Moody’s
May 9 2024 // If personal auto insurance loss reserves are developing adversely, can commercial general liability be far behind? That’s the gist of one of the questions that analysts from Moody’s Investors Service...
Specialist Casualty MGA Casper Secures New Capacity Partners, Chaucer and TMK
May 7 2024 // Casper Specialty UK Ltd., the casualty-focused MGA and independent sister company to the broker Miller, announced it had secured two new capacity providers, as it enters its second year of trading. Chaucer and TMK have...
Fleming Acquires James River’s Casualty Reinsurance Business, Ending Legal Dispute
Apr 19 2024 // James River Group Holdings Ltd. announced that Fleming Intermediate Holdings has completed the $277 million acquisition of James River’s casualty reinsurance business – ending a period of legal wrangling that had...
Aspen and Allianz’s PIMCO Launch Casualty-Focused Reinsurance Vehicle
Apr 17 2024 // Aspen Insurance Holdings Ltd. and PIMCO Investment Management Co. announced the formation of Pando Re Ltd., a Bermuda-domiciled collateralized re/insurer focused on casualty business. Under a long-term agreement, Aspen...
Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says
Apr 15 2024 // Predictions that the property/casualty insurance industry is in the midst of repeating the type of loss reserving cycle that accompanied the hard market of the beginning year of this century may be overblown, according to...
Midwest Builders’ Casualty Renames to Waypoint Mutual
Mar 26 2024 // Midwest Builders’ Casualty Mutual Company, a large, regional, specialized workers’ compensation insurance carrier, announced that they are changing their name to Waypoint Mutual effective April 1. Kansas City,...
Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says
Mar 25 2024 // Predictions that the property/casualty insurance industry is in the midst of repeating the type of loss reserving cycle that accompanied the hard market of the beginning year of this century may be overblown, according to...
People Moves: Howden Tiger Taps Byler From Carpenter to Lead US Casualty; Markel Promotes Atkin to Head of Bloodstock for London Markets
Mar 14 2024 // This edition of International People Moves details appointments at Howden Tiger and Markel. A summary of these new hires follows here. Howden Tiger Taps Byler From Carpenter to Lead US Casualty Division Howden Tiger, the...
Casualty Reinsurance Renewals See Modest Price Hikes Despite Social Inflation: AM Best
Mar 4 2024 // Reinsurers in general maintained adequate capacity for casualty programs, despite concerns about social inflation and some recent reserve strengthening actions, according to a report from AM Best. For reinsurers, a...