Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
ACE Expands Terrorism, Political Violence Team; Biggas is New Underwriter
Aug 23 2011 // ACE announced from its London office that it has appointed Marie Biggas to the position of underwriter for terrorism and political risks for ACE Overseas General (AOG). She joins ACE from the Chaucer Syndicate, and will...
XL Insurance Names Hookings as Australian Environmental Underwriter
Aug 19 2011 // XL Insurance, the global insurance operations of XL Group plc, announced the appointment of Andrew Hookings as Environmental underwriter for Australia. He has over 10 years’ insurance industry experience, most...
Lloyd’s Marks 100th Anniversary of 1911 Act
Aug 19 2011 // The Lloyd’s web site notes that August 18th was the 100th anniversary of the 1911 Lloyd’s Act, which was instrumental in transforming the market from a primarily marine insurer, to the specialized global risk...
XL Names 6 to North America Construction Team
Aug 17 2011 // XL Insurance has made six key appointments to its North America Construction team that it established a year ago. The latest additions to XL Insurance’s North America Construction team include: Lawrence Lejfer...
Mitsui Sumitomo Appoints McDermott Syndicate 3210 Active Underwriter
Aug 12 2011 // Non-life insurer Mitsui Sumitomo at Lloyd’s has appointed Peter McDermott as active underwriter of its Lloyd’s Syndicate 3210 with immediate effect. He reports to, Eamon Brown, and will lead a team that...
Flagstone Realigns Management; Prestia Named CEO Flagstone U.S
Aug 10 2011 // Luxembourg-based Flagstone Reinsurance Holdings announced that Gary Prestia has been appointed CEO of Flagstone Representatives (US) Inc. and chairman of Mosaic NY, effective September 1. He will be stepping down as chief...
Catlin Hit by $201 Million Net Loss for 1st 6 Months
Aug 4 2011 // The Bermuda-based Catlin Group Limited announced its financial results for the six-month period ended 30 June 2011 from its London office, highlighted by a $201 million net loss for the period, compared to an $86 million...
XL Insurance, All Risks Form Underwriting Agreement for Open Lot Dealers Program
Aug 1 2011 // XL Insurance, the global insurance underwriting operations of XL Group and All Risks, Ltd., have formed a new joint underwriting agreement to offer a dealers open lot program, providing physical damage insurance coverage...
Lloyd’s America President Watkins Campaigns for Broader Appeal
Jul 27 2011 // Hank Watkins, president of Lloyd’s America Inc., smiles like he has a big secret he wants to spill. The history of Lloyd’s of London is no secret: originated in Edward Lloyd’s coffee shop in London;...
Liberty International Appoints Environmental Liability Underwriter for France
Jul 25 2011 // Liberty International Underwriters in Europe (LIU Europe), a member of Liberty Mutual Group, has appointed Audrey Mondin as Environmental Impairment Liability Underwriter in its Paris Office. LIU said the move resulted...
Anderson Joins Atlanta’s OnPoint Underwriting
Jul 22 2011 // Atlanta-based insurance program administrator OnPoint Underwriting has appointed Marc Anderson as its vice president of Risk Services. In conjunction with a team of claims advocates, loss control and legal resources,...
XL Insurance Strengthens International Property Business
Jul 19 2011 // XL Insurance, the global insurance operations of XL Group, announced changes in its International Property business, which it said are “in line with XL Insurance’s strategy of providing innovative solutions...
Turner Named President of Patriot Underwriters in Florida
Jul 19 2011 // Richard G. Turner has been named president of Patriot Underwriters Inc. in Fort Lauderdale, Fla. Turner was previously executive vice president of parent company Patriot National Insurance Group and will retain these...
Motorsports Boss Mosely Offers to Underwrite Suits Against Murdoch
Jul 19 2011 // Former motor racing boss Max Mosley says he has agreed to financially underwrite lawsuits against News International, which owns the now defunct tabloid News of the World, by victims of its allegedly abusive reporting...
London’s Calling
Jul 18 2011 // Lloyd’s America President Hank Watkins Campaigns for Broader Appeal Hank Watkins, president of Lloyd’s America Inc., smiles like he has a big secret he wants to spill. The history of Lloyd’s of London is...
Greig Joins Third Coast Underwriters as Sr. Claims Examiner in Gulf Region
Jul 12 2011 // Third Coast Underwriters, a specialty markets operation that offers workers’ compensation insurance for underserved markets that have complex risks, has appointed Gordon Greig as senior claims examiner for the Gulf...
Travelers Names Two New London-based Chief Underwriting Officers
Jul 5 2011 // Travelers announced that it has added increased underwriting expertise to its UK, Ireland and Lloyd’s businesses with the appointment of two new Chief Underwriting Officers (CUO’s). The new CUO’s...
P/C Insurers’ Profits Fell in Q1 as Underwriting Losses Grew
Jul 4 2011 // Private U.S. property/casualty insurers’ net income after taxes dropped to $7.8 billion in first-quarter 2011 from $8.9 billion in first-quarter 2010, with insurers’ annualized rate of return on average...
People
Jul 4 2011 // Liberty Mutual Group’s Edmund F. Kelly retired from active management of the company on June 28, 2011. David H. Long replaced Kelly as president and CEO. Kelly will continue to serve as chairman of the board of...
People
Jul 4 2011 // Brennan J. Paris has been named the new executive vice president of the Professional Insurance Agents (PIA) of Tennessee. He is the sixth executive leader in the history of the association. Prior to joining PIA, Paris...
