Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
AIG’s Q3 Profit Advances 17% to $2.17B; Property/Casualty Sales Decline
Nov 1 2013 // American International Group Inc., the insurer that repaid a U.S. rescue last year, said third- quarter profit climbed 17 percent as underwriting margins improved at the property-casualty business. Net income rose to $2.17...
AIG Hires XL Group’s Maag as CEO of Europe, Middle East
Oct 25 2013 // American International Group Inc. hired Seraina Maag from XL Group Plc to run the Europe, Middle East and Africa region as Chief Executive Officer Robert Benmosche reshapes the insurer’s leadership. Maag, 45, will be...
Missouri Insurance Department Adds Lederer as Property/Casualty Actuary
Oct 24 2013 // The Missouri Department of Insurance announced that Julie Lederer has joined the department as the appointed Missouri property/casualty actuary. Lederer will support the Divisions of Insurance Company Regulation and...
P/C Insurers’ CFOs Point to Hardening Markets: Towers Watson Survey
Oct 22 2013 // Chief financial officers with leading North American property/casualty insurers believe both property and casualty insurance markets are in the midst of hardening, according to a new North American Property & Casualty...
XL Group’s Insurance Operations Grow in Dallas
Oct 17 2013 // XL Group announced an expansion of its insurance operations in Dallas. The company’s U.S. Risk Management business is setting up operations in Dallas and welcoming Gabriel Martinez as casualty underwriting director....
P/C Stock Valuations Unlikely to Improve Much in Near Term: Conning
Oct 10 2013 // While property/casualty insurance stock valuation levels are finally exceeding book values after four years of below-book levels, a near-term return to higher historical valuation levels is unlikely, according to a new...
Swiss Re’s Head of Casualty Jayne Plunkett Explains Why It’s a ‘Social Science’
Oct 8 2013 // Jayne Plunkett, possibly the second most well-known person from Iowa after Bill Bryson, heads Swiss Re’s International casualty reinsurance operations. In the interview she explains that, as you’re dealing with...
Imperial Management Corp. Promotes 7 in Dallas
Oct 8 2013 // Imperial Management Corp. announced a number of promotions in the company’s Dallas office. Carrie Wilson has been named vice president of product management for Imperial Fire & Casualty Co. She joined Imperial...
Underwriting, Investment Gains Boosted P/C Insurers’ Bottom Line in First Half 2013
Oct 3 2013 // Private U.S. property/casualty insurers’ net income after taxes rose to $24.5 billion in first-half 2013 from $17.2 billion in first-half of last year. Insurers’ overall profitability as measured by their...
Aspen Re Appoints Lewis to Head London Casualty Unit
Oct 2 2013 // Aspen Reinsurance has appointed Jamie Lewis as head of its casualty reinsurance business in London. Lewis will be responsible for developing Aspen Re’s book of casualty reinsurance treaty and facultative business...
ProAssurance to Acquire Workers’ Comp Insurer Eastern Holdings
Sep 24 2013 // Medical professional liability insurer ProAssurance Corp. said it is acquiring monoline workers’ compensation insurer Eastern Insurance Holdings Inc. in an all-cash transaction that values Eastern at $24.50 per...
Video Interviews – Coming to Your Screen – a Sneak Preview
Sep 16 2013 // Over the next several weeks we will be releasing a series of video interviews, recorded at the Reinsurance Rendez-vous in Monte Carlo. They are wide ranging, covering a number of topics. They will air the views from some...
Wells Media Launches Carrier Management Print Magazine
Sep 4 2013 // Wells Media Group Inc. has launched a new print publication, Carrier Management Magazine, for property/casualty (P/C) insurance executives. This magazine launch follows the spring debut of the website,...
W.R. Berkley’s FinSecure Appoints P/C Chief Underwriting Officer
Sep 4 2013 // FinSecure — a W.R. Berkley Corp. member company that focuses on insurance for financial institutions — announced that Elizabeth Loft Good has joined the company as vice president and chief underwriting officer...
Aspen US Names DiBattista as SVP of Excess Casualty
Sep 3 2013 // Aspen US Insurance in New York has named Jude DiBattista as senior vice president and chief underwriting officer for Excess Casualty. DiBattista has 20 years of industry experience in property/casualty lines, most recently...
Insurers Have Paid $1.2M for Boston Bombing P/C Claims So Far; Health Claims to Top $22M
Aug 30 2013 // The Massachusetts Division of Insurance says that so far, 207 Boston Marathon bombing-related property/casualty claims have been reported by the top 25 insurers and the residual market insurer Massachusetts FAIR...
Worldwide Facilities Appoints Casualty Broker in New York
Aug 22 2013 // Worldwide Facilities, a Los Angeles-based independent surplus lines broker and managing general agency, appointed Kitti Peters as vice president and casualty broker with a specialization in construction. She based in...
Incopero Joins The Plexus Groupe’s Property/Casualty Practice
Aug 15 2013 // The Plexus Groupe LLC, based in Deer Park, Ill., has added Debbi Incopero to its property/casualty insurance practice. As an account executive, Incopero will be responsible for maintaining and enhancing relationships with...
ACE Promotes Salmon, Germano for European Casualty
Aug 12 2013 // The ACE Group today announced the promotion of Jerome Salmon to the position of Regional Casualty Manager, Continental Europe. He will have profit center responsibility for ACE’s casualty portfolio across the region,...
Insurance Journal’s New and Improved Top 100 Independent Property/Casualty Agencies Report
Aug 5 2013 // Welcome to Insurance Journal‘s new and improved Top 100 Independent Property/Casualty Agencies report. This year’s Top 100 features a number of agencies that are new to the list thanks to a change that ranks...
