Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Transforming Insurance Operations Across All Lines of Business with Underwriter Link
Nov 12 2024 // This post is part of a series sponsored by Selectsys. In today’s fast-paced insurance market, underwriters and wholesalers face increasing pressure to streamline operations, reduce manual processes, and enhance...
AIG General Insurance Underwriting Profit Falls 28% in Q3
Nov 5 2024 // American International Group saw third quarter underwriting income in its general insurance segment fall 28% to $437 million due to higher catastrophe losses and lower favorable development on prior year reserves. The...
People Moves: Aon Underwriting Managers Appoints LSM’s Clapham as CUO; Lloyd’s Taps Aviva’s Adams as Chief People Officer, Succeeding Gomez
Nov 4 2024 // This edition of International People Moves details appointments at Aon Underwriting Managers and Lloyd’s of London. A summary of these new hires follows here. Aon Underwriting Managers Appoints LSM’s Clapham as...
NC Insurers Warned About Using Flood Denials in Underwriting
Nov 4 2024 // North Carolina Insurance Commissioner Mike Causey is reminding property insurers to refrain from raising homeowners’ premiums just because an insured filed a claim or inquiry in order to qualify for flood insurance...
Transforming Cyber and Tech E&O Insurance with Underwriter Link
Oct 30 2024 // This post is part of a series sponsored by Selectsys. As Cyber and Technology Errors & Omissions (Tech E&O) risks grow, insurers face increasing pressure to provide accurate, fast, and competitive coverage....
Soft Commercial Market Ahead: Prepare for Underwriter ‘Herd Behavior’
Oct 29 2024 // Executive Summary: During the period 2013 through 2018, the U.S. did not become less litigious nor did Atlantic sea surface temperatures get less warm. Yet rates for U.S. excess liability and Atlantic hurricane both...
IGI Expands in London Underwriting Hub Into Larger Offices
Oct 28 2024 // International General Insurance Holdings Ltd. announced it will move its London operations to new offices on the 15th floor of the so-called “Walkie-Talkie” building at 20 Fenchurch Street, London, EC3M 3BY on...
People Moves: Applied Underwriters Aerospace Names Parker Chairman
Oct 21 2024 // Richard Parker Applied Underwriters Aerospace, headquartered in Atlanta, has named Richard Parker as chairman of the Washington, D.C.-based group. Parker has over 35 years of experience in space insurance, satellite...
Markets/Coverages MGA Pen Underwriting Relaunches Large Corporate Cyber Offering
Oct 21 2024 // Pen Underwriting has relaunched its cyber proposition for large corporate clients with a comprehensive rebuild that sees it re-enter primary cover for this end of the market, double its excess of loss (XOL) limit and...
Travelers Triples Q3 Net Income, Reverses Underwriting Loss
Oct 17 2024 // Travelers on Thursday said third quarter net income was $1.26 billion compared to net income of $454 million during the same period a year ago on record net premiums, favorable prior year reserve development, and higher...
People Moves: LM Re Taps Vantage Risk’s Sweeney as Specialty Casualty Underwriting Mgr; Marsh Promotes Thomas-Ferrand to Lead Captive Insurance as Charnley Retires
Oct 17 2024 // This edition of International People Moves details appointments at Liberty Mutual Reinsurance and Marsh. A summary of these new hires follows here. LM Re Taps Vantage Risk’s Sweeney as Specialty Casualty Underwriting...
People Moves: Aon Reinsurance Solutions Announces New Senior Leadership Roles; Ryan Specialty Underwriting Managers Int’l Hires 3 in Leadership Team
Oct 16 2024 // This edition of International People Moves details appointments at Aon and Ryan Specialty Underwriting Managers International. A summary of these new hires follows here. Aon Announces New Senior Leadership Roles in U.S....
Enhancing Workers’ Compensation and GL Underwriting with Underwriter Link
Oct 15 2024 // This post is part of a series sponsored by Selectsys. In the complex world of Workers’ Compensation and General Liability (GL) insurance, underwriters face the challenge of managing diverse carrier systems while...
Underwriters Wary of PFAS Amid ‘Superstorm’ of Litigation, Regulation
Oct 7 2024 // As litigation and regulation increase around per- and polyfluoroalkyl substances (PFAS), insurance underwriting is tightening across lines. Insurance professionals who specialize in PFAS say insurers are mandating coverage...
People Moves: Ryan Specialty Underwriting Managers Appoints Leadership Team Members
Oct 4 2024 // Eric Quinn Ryan Specialty, headquartered in Chicago, named new leadership within its specialty underwriting segment, Ryan Specialty Underwriting Managers (RSUM). Eric Quinn was promoted to executive vice president –...
Enhancing Underwriting Precision with AI and Cloud Technology: A Deep Dive into SelectsysTech’s RQB Platform
Oct 4 2024 // This post is part of a series sponsored by Selectsys. In today’s fast-paced insurance industry, precision in underwriting is not just a requirement—it’s a critical factor in maintaining competitiveness and...
People Moves: Starwind Specialty Welcomes Conrad as Chief Underwriting Officer
Oct 3 2024 // Kirk Conrad Starwind Specialty Insurance Services, headquartered in New York City, named Kirk Conrad as chief underwriting officer. Conrad, based in Dallas, has over two decades of experience across multiple industry...
Ryan Specialty Completes Purchase of Certain Assets of Geo Underwriting Europe
Oct 3 2024 // Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has completed the acquisition of certain assets of the European managing general agent, Geo Underwriting Europe BV (Geo Europe), part...
People Moves: Markel Appoints 2 Senior Underwriters, 1 Claims Manager for International Casualty Team; BHSI Announces 2 Promotions in Global, UK Casualty Teams
Oct 2 2024 // This edition of International People Moves details appointments at Markel and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. Markel Appoints 2 Senior Underwriters, 1 Claims...
Alera Group Acquires Louisiana’s Insurance Underwriters Ltd.
Sep 26 2024 // Alera Group announced the acquisition of Insurance Underwriters Ltd., a Louisiana-based insurance agency offering risk management and insurance solutions including business insurance, surety bonds, personal insurance and...
