Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
XL Catlin Appoints Luck as President of Global Excess Casualty Business
Nov 10 2016 // XL Catlin has appointed Barbara Luck as president of its Global Excess Casualty business, promoted from her current role as chief underwriting officer of XL Catlin’s Global Risk Management business. Assuming her new...
Berkshire Hathaway Re/Insurance Profit Falls 30% in Q3
Nov 7 2016 // Berkshire Hathaway reported a 10.5 percent drop in operating profit for its insurance and reinsurance operations during the third quarter, with underwriting income falling 34 percent. While General Re reported an increase...
Bains to Step Down as CEO of DUAL; Firm to Be Led by Regional Mgmt Board
Nov 7 2016 // Hyperion Insurance Group, the London-based insurance intermediary group, announced that Talbir Bains, CEO and CUO of DUAL Group, the underwriting arm of Hyperion, has decided to step down from his role at the end of...
Talbot Underwriting Launches $50M Consortium to Cover NBCR Terrorism
Nov 4 2016 // Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., announced the launch of a Lloyd’s led consortium for nuclear, biological, chemical and radiological (NBCR) terrorism. The facility will...
Applicants Sought for Texas Medical Liability Insurance Underwriting Assoc. Board
Nov 3 2016 // The Texas Department of Insurance is accepting applications through November 30 for a public member position on the Texas Medical Liability Insurance Underwriting Association board of directors. The appointment term is for...
CNA Q3 Results Highlighted by ‘Steady Underwriting’
Nov 1 2016 // CNA Financial Corp. reported third quarter 2016 net income of $343 million and net operating income of $311 million. The combined ratio for Property & Casualty Operations for the third quarter was 90.4. Property &...
Tokio Marine America, Continental Underwriters to Offer Hull, Marine Liability
Oct 31 2016 // Tokio Marine America (TMA), a commercial property and casualty insurer to large and middle-market companies and a subsidiary of Tokio Marine Holdings, is expanding its ocean marine offering to include hull and liability...
Experienced Underwriter Mark Hart Joins Breckenridge Insurance Services as Senior Vice President
Oct 31 2016 // Atlanta, GA, October 31, 2016 — Mark Hart has joined the wholesale brokerage firm Breckenridge Insurance Services as a senior vice president within its Elevation Authorities contract binding division. Hart brings twenty...
Florida-Based Fortegra Taps Rattner as EVP, Chief Underwriter
Oct 28 2016 // Fortegra, a specialty insurer based in Jacksonville, Fla., and a subsidiary of Tiptree Financial Inc., has appointed Mark Rattner as executive vice president, chief underwriter, and head of product management. In this...
CNA Promotes Walsh, Lovvorn in Underwriting Unit
Oct 24 2016 // Chicago-based insurer CNA has promoted Kelly Walsh to vice president, Branch Services and Lindsay Lovvorn to vice president, Product and Process Systems. Both Walsh and Lovvorn will report to Barb Sandelands, senior vice...
Dangers in Data Collection: How Much Is Too Much?
Oct 24 2016 // How to Help Insureds Manage Customer Privacy Risk Insurance carriers and agents have come to learn that increased data can lead to greater risk for insureds, and they are increasingly advising businesses to disclose data...
Asta Gets Initial Lloyd’s Approval to Launch & Manage Verto Syndicate 2689
Oct 20 2016 // Asta, the third party managing agent at Lloyd’s, announced it has received “in principle” approval from the Lloyd’s Franchise Board to establish and manage Verto Quota Share Syndicate...
New Jersey’s New Day Underwriting Managers Hires Ippolito
Oct 20 2016 // New Day Underwriting Managers LLC, a Hamilton, N.J., based specialty intermediary of environmental and construction related professional liability insurance coverages, has named Jesilyn Ippolito as a consultant within its...
MS Amlin’s Rayner Joins Pioneer Underwriters as Group Director of Underwriting
Oct 18 2016 // Pioneer Underwriters announces that Graeme Rayner has commenced his role as group director of underwriting, reporting to Chief Executive Officer Darren Doherty. Rayner, whose appointment was first announced in August 2016,...
UK’s Century Underwriting Launches Liability Division, Senior Leaders Named
Oct 17 2016 // Century Underwriting, the London-based specialist commercial managing general agent, has launched a new liability underwriting division and made two senior appointments to support its growth. Tony Collman has been...
Chubb, Assurance, American Financial Tops in P/C Insurer Performance: Fitch Rating
Oct 14 2016 // Niche property/casualty insurer Assurant Inc., diversified multi-line writer The Chubb Corp. and specialty commercial lines insurer American Financial Group Inc. are ranked the top three performers over the most recent...
CEO Succession at U.S. Aviation Underwriters: Brogan to Succeed McKay in 2017
Oct 13 2016 // United States Aviation Underwriter Inc. (USAU), the manager of the United States Aircraft Insurance Group (USAIG), announced that David McKay, chairman and chief executive officer, plans to retire after nearly 40 years...
Patrick Ryan on Today’s E&S Business and Using Aon Experience to Build RSG
Oct 13 2016 // After a notable 50-year insurance career that has included starting and leading two highly successful insurance brokers, 79-year-old Patrick Ryan didn’t mince words when asked if he will ever...
Sansone Promoted to Assistant Underwriter at J.M. Wilson
Oct 11 2016 // Managing general agency and surplus lines broker J.M. Wilson has promoted Lynn Sansone to assistant property/casualty underwriter in Madison, Wisconsin. Sansone will focus on binding property/casualty business for...
Liberty Mutual’s Peters Joins Startup Lemonade as Chief Underwriting Officer
Oct 10 2016 // Lemonade, the new peer-to-peer insurance company that opened for business last month, has named John Peters as its chief underwriting officer. At Lemonade, Peters will be responsible for insurance product terms and...
