Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
XL Group Opens New Insurance Office in Lyon France
Sep 20 2012 // XL Group plc’s insurance operations announced the opening of a new office in Lyon , France and the appointments of Auberi Etienne and Clotilde Bartok to join the team serving middle market companies in France. Both...
AmWINS Forms Managing General Underwriter with Former Rockhill Execs
Sep 19 2012 // North Carolina-based insurance wholesaler AmWINS Group Inc. said it has partnered with two insurance industry executives, Terry Younghanz and Richard Parks, to form a new managing general underwriter (MGU) focused on...
Crop Insurance Losses Mount in Midwest
Sep 18 2012 // Thousands of farmers are filing insurance claims this year after drought and triple-digit temperatures burned up crops across the nation’s Corn Belt, and some experts are predicting record insurance losses —...
Henry Named Director of Solar Underwriting for Assurant in Southern California
Sep 11 2012 // Assurant’s solar group named Cindy Henry as the new director of Solar Underwriting and Account Management. Henry will be based in Fountain Valley, Calif. and support the company’s solar insurance business and...
Grinnell Mutual Promotes Menary, Eaves
Sep 10 2012 // Jeff Menary has been named vice president of Reinsurance at Grinnell Mutual Reinsurance Co., located in Grinnell, Iowa, and Kurt Eaves has been named vice president of Direct Underwriting/Production. Both position changes...
U.S. Construction Firms Facing Double-Digit Increases for Liability Insurance: Marsh
Sep 10 2012 // The commercial general liability market for the U.S. construction industry continues to firm with underwriters seeking rate increases of up to 15 percent, according to a report published by Marsh. Construction firms with...
P/C Insurers Show Improved Results Mid-Year: Fitch
Sep 10 2012 // U.S. property/casualty insurers’ operating performance improved significantly in the first half of 2012, according to Fitch Ratings. The aggregate combined ratio of 47 publicly traded property/casualty (re)insurers...
New Underwriting Agency Assure Space to Cover Satellite Risks
Sep 7 2012 // Assure Space, LLC, a new space insurance agency for satellite risks, has partnered with Auster Capital Partners (ACP) and Space Florida for the provision of launch and in-orbit insurance to satellite operators worldwide....
Mitsui Sumitomo Promotes Wood to Class Underwriter-Professional Indemnity
Sep 6 2012 // Mitsui Sumitomo at Lloyd’s announced the promotion of Stuart Wood to Class Underwriter for Professional Indemnity (PI) within its Professional Lines operation. Wood joined Mitsui Sumitomo at Lloyd’s in 2009. He...
Best’s Global Reinsurance Market Review Analyzes Top 50, Capital, Ratings
Sep 5 2012 // A.M. Best has published a review of the international reinsurance market, which analyzes the performance of the largest reinsurers (rated by gross premiums written). Although the figures – based on 2011 – do not...
Catlin Re Switzerland Names Eugster Chief Underwriting Officer
Sep 5 2012 // The Catlin Group Limited announced that Markus A. Eugster has been appointed Chief Underwriting Officer for Catlin Re Switzerland. He joined Catlin in 2010 as Underwriting Director and Deputy Chief Underwriting Officer at...
Kiln Appoints Pudemat Property Underwriter in Frankfurt
Sep 4 2012 // Kiln, the international specialist insurance and reinsurance underwriting group, which is a part of Tokio Marine, announced that it has appointed Petra Pudemat as a new property underwriter in Frankfurt to write a broad...
U.S. Construction Firms Facing Double-Digit Increases for Liability Insurance: Marsh
Aug 31 2012 // The commercial general liability market for the U.S. construction industry continues to firm with underwriters seeking rate increases of up to 15 percent, according to a report published by Marsh. Construction firms with...
Petersen International Releases Disability Plan for Loss of Future Earnings
Aug 31 2012 // Petersen International Underwriters has released a new disability insurance product intended to pay benefits based on an insured person’s potential future income. The plan, titled “Loss of Future Earnings...
ANV Syndicate Opens Accident & Health Underwriting Operations
Aug 30 2012 // The newly acquired Lloyd’s ANV Syndicate announced the opening of its Accident and Health (A&H) business. The business was “previously authorized as part of Syndicate 1861’s 2012 business plan and in...
Freberg Environmental to Underwrite New Berkley Envrionmental Coverage
Aug 29 2012 // Freberg Environmental Insurance (FEI) has formed an agreement to underwrite environmental insurance coverage with Berkley Custom Insurance Managers, LLC, a newly formed member company of W. R. Berkley Corp. In addition to...
P/C Insurers Show Improved Results Mid-Year: Fitch
Aug 24 2012 // U.S. property/casualty insurers’ operating performance improved significantly in the first half of 2012, according to Fitch Ratings. The aggregate combined ratio of 47 publicly traded property/casualty (re)insurers...
XL Group’s Marine Insurance Team Expands in Chicago
Aug 22 2012 // The Marine insurance operation of XL Group plc has expanded its regional underwriting capabilities in Chicago, adding Pete Shepeck, Brian Stockton and Jeannine Liebig to its team. Shepeck joins XL as regional vice...
Arc Legal Launches e-Underwriting Legal Expense Plan for Families, Landlords
Aug 20 2012 // London-based Arc Legal Assistance announced the launch of “two legal expenses schemes for e-Underwriting, the new division of OIM Underwriting Limited, to provide cover as part of its household and property owners...
Liberty International Underwriters Names Kania as SVP, Energy and Construction
Aug 16 2012 // Timothy R. Kania has been appointed as senior vice president of energy and construction in the U.S. and Latin America for Liberty International Underwriters (LIU), a part of Liberty Mutual Insurance’s global...
