Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Zehr Appointed VP, Segment Underwriting at CNA
Jan 29 2015 // Chicago-based CNA Financial Corp. has appointed Jeff Zehr as vice president, segment underwriting. In this position, he will expand his responsibilities to include leadership and governance for the commercial lines...
ACE Reports $827 Million Q4 Operating Income; $3.3 Billion Full-Year
Jan 29 2015 // ACE Limited reported Q4 operating Income of $827 Million and record full-year Earnings of $3.3 Billion, up 4.7 percent per share. Net income for the fourth quarter ended December 31, 2014, was $1.66 per share, compared...
P/C Insurers’ Surplus Rose, Profitability Fell in 2014’s First 9 Months
Jan 28 2015 // The first nine months of 2014 saw policyholders’ surplus for the U.S. property/casualty insurance industry reach record levels. At the same time, net income after taxes declined substantially and overall...
QBE Europe Appoints Johnson Surety Underwriter; Targeting Growth
Jan 28 2015 // QBE European Operations, the group’s business insurance specialist, announced the appointment of Tom Johnson as Surety Underwriter within QBE’s Trade Credit and Surety department. He will take up his role in...
Not All Program Market Competition Is Good
Jan 26 2015 // The program insurance business market has enjoyed years of growth and appears on track to continue its expansion. However, while program business is attracting new interest, some participants are cautioning that not all...
XL Group Adds to Insurance Underwriting Team in Dallas
Jan 23 2015 // XL Group announced the addition of global risk management, construction primary casualty and inland marine underwriting expertise in its Dallas office. XL Group’s newest insurance underwriters include: Kristen Hough...
Glatfelter Insurance Group Announces 2 Promotions in Pennsylvania
Jan 22 2015 // Glatfelter Insurance Group (GIG) in York, Pennsylvania, promoted John Solari to president of Glatfelter Underwriting Services and chief underwriting officer for Glatfelter Programs, and Jim Partridge to president of...
Travelers Q4 Profit Jumps 5% to $1.04B, Underwriting Gain Rises
Jan 22 2015 // The Travelers Companies Inc. today reported net income of $1.038 billion for the fourth quarter that ended on Dec. 31, 2014, up 5 percent compared to $988 million net income during the 2013 fourth quarter. Travelers said...
New Day Underwriting Managers Hires Johns as Account Manager in N.J.
Jan 14 2015 // Kim Johns New Day Underwriting Managers LLC, a Hamilton, New Jersey-based specialty intermediary of environmental and construction-related professional liability coverage, has hired Kim Johns as account manager within the...
A.M. Best: Reinsurers Need Underwriting Discipline in Competitive Market
Jan 14 2015 // Increasing competition and lower underwriting margins in the reinsurance market highlights the importance of disciplined underwriting, according to an A.M. Best briefing entitled “Global Reinsurers: Who Will Gain...
Heine Joins Griffin Underwriting Services in Washington
Jan 12 2015 // Griffin Underwriting Services has named Cathy Heine personal lines manager. Heine will be responsible for underwriting a variety of personal lines programs as well as expanding relationships with agency and company...
RSA Appointed to Underwrite Cavere Home Insurance Product
Jan 12 2015 // London-based RSA announced its appointment as the sole underwriter for Cavere Home insurance products which will be available to brokers from January 2015 via Cavere’s Magenta platform, which provides online quotes...
2015 Insurance Industry Meetings & Conventions Directory
Jan 12 2015 // Welcome to Insurance Journal‘s 2015 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other...
Professional Underwriting Group Launches Admitted Insurance Agents E&O Program
Jan 9 2015 // Professional Underwriting Group, Inc. is now offering an admitted program for insurance agent’s errors and omission insurance to qualifying insurance agents in Alabama, Arizona, California, Colorado, Florida,...
RSG’s Global Special Risks Launches Underwriting Facility for Upstream Energy Risks
Jan 8 2015 // Ryan Specialty Group’s Global Special Risks (GSR), a subsidiary of RSG Underwriting Managers, LLC, has launched a new binding authority facility for the Upstream Solutions Energy Package, which provides products for...
Qatar Re Appoints Speare-Cole Chief Underwriting Officer
Jan 8 2015 // Qatar Re announced the appointment of Alastair Speare-Cole as Chief Underwriting Officer, effective, January 12, 2015. He joins from JLT Re, the world’s fourth largest reinsurance broker, where he served as CEO since...
OdysseyRe Appoints New Execs for EuroAsia, London Market Divisions
Jan 6 2015 // Odyssey Re Holdings Corp. announced changes to its executive management team in two of OdysseyRe’s operating divisions, EuroAsia and London Market. Isabelle Dubots-Lafitte has been named CEO for the Europe, Middle...
USI Insurance Services Launches Terrorism Insurance Underwritten by Lloyd’s
Dec 24 2014 // USI Insurance Services has launched a new terrorism insurance product to address the expiring Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), which ends Dec. 31. Unlike TRIPRA however, USI’s Terrorism...
XL Group Launches Crime Insurance Unit; Bangs Named Chief Underwriting Offer
Dec 12 2014 // To help address businesses’ and financial institutions’ crime concerns, including embezzlement, fraud, and bribery, XL Group is launching a global crime business, under the leadership of Gregory W. Bangs who...
Lloyd’s Underwriter Pioneer Special Risk Expands to New York
Dec 10 2014 // Pioneer Underwriters announced that its Pioneer Special Risk (PSR), led by President Gary Dubois, has commenced underwriting via its New York based division. The bulletin explained that “Pioneer Special Risk has been...
