Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
R&SA Acquires Martello Underwriting
Nov 14 2006 // The U.K.’s Royal & Sun Alliance Insurance Group plc has acquired Martello Underwriting Limited for £38.5 million ($73.2 million) payable in cash. The transaction is subject to regulatory approval....
Max Re Posts $26.5 Million Q3 Net Income; Names Becker Chairman, CEO
Nov 14 2006 // Bermuda-based Max Re Capital Ltd. reported net income for the three months ended September 30, 2006 of $26.5 million, or $0.42 per diluted share, compared to a net loss of $44.2 million, or $0.96 per diluted share, for the...
ISO Chief: It’s ‘Haves’ Vs. ‘Have-Nots’ in Insurance Technology Race for Survival
Nov 14 2006 // Spurred by intensifying competition, breakthroughs in analytics are transforming insurance markets, according to an industry leader. Sophisticated insurers able to harness large volumes of high-quality data to drive...
New Britt/Paulk Delaware Office to Focus on Timber Harvesting Program
Nov 10 2006 // Niche insurance underwriter Britt/Paulk has opened a new office in Selbyville, Del. This new office will focus on underwriting the agency’s Timber Harvesting Program. The company also announced that three...
Lloyd’s Announces New Marine Underwriting Charter Policy
Nov 9 2006 // A bulletin on the Lloyd’s Website (www.lloyds.com) announced that its underwriters are “to provide the capacity for what is believed to be a world first for shipowners. The policy, Seacure60 is a cancellation...
Zurich Launches Global Underwriting for Multinational Products
Nov 7 2006 // Zurich Financial Services Group has announced the launch of an innovative approach to multinational insurance coverage, which it described as incorporating “all foreign premium tax and licensing obligations into a...
Submitting, underwriting and placing lawyers professional liability
Nov 6 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/ engineers. Lawyers, in...
Submitting, underwriting and placing lawyers professional liability
Nov 6 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/engineers. While...
Submitting, underwriting and placing lawyers professional liability
Nov 6 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/ engineers. Lawyers, in...
Innovations in information technology spur need for up-to-date underwriters
Nov 6 2006 // With rapid innovations in the field of information technology, types of underwriting that didn’t exist a few decades ago have become prominent today. For example, companies engaging in information technology...
Insurance credit scoring plagued with fundamental problems
Nov 6 2006 // A fundamental problem exists with insurance scoring. The problem is that insurance scores and credit scores reflect correlation, but correlation does not necessarily indicate dependency upon which effective decisions can...
Submitting, underwriting and placing lawyers professional liability
Nov 5 2006 // Lawyers’ professional liability is a bit different from other professional liability risks, and there appears to be interest in providing coverage for the risk. Back in the 1970s, lawyers professional liability used...
Submitting, underwriting and placing lawyers professional liability
Nov 5 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/engineers. While...
People
Nov 5 2006 // Chris Hughes, with Swingle, Collins & Associates, is the new president of the Independent Insurance Agents of Dallas. Swingle Collins reported that Hughes joins officer ranks with firm president, Frank Swingle, whose...
Submitting, underwriting and placing lawyers professional liability
Nov 5 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/ engineers. Lawyers, in...
Submitting, underwriting and placing lawyers professional liability
Nov 5 2006 // Lawyers professional liability, sometimes called legal malpractice, belongs with the selected “traditional” professional liability lines, such as physicians, accountants and architects/ engineers. Lawyers, in...
Innovations in information technology spur need for up-to-date underwriters
Nov 5 2006 // With rapid innovations in the field of information technology, types of underwriting that didn’t exist a few decades ago have become prominent today. For example, companies engaging in information technology...
Insurance credit scoring plagued with fundamental problems
Nov 5 2006 // A fundamental problem exists with insurance scoring. The problem is that insurance scores and credit scores reflect correlation, but correlation does not necessarily indicate dependency upon which effective decisions can...
Regulators Consider New Underwriting Approach at Chicago Seminar
Nov 3 2006 // New underwriting data that insurers are expected to start using in 2007, along with new computer modeling techniques, will be presented at a national workshop on urban and multicultural markets Nov. 9 in Chicago. Texas...
Aspen Names Cusack Bermuda Insurance Chairman, CEO; Appoints 3 New Directors
Nov 3 2006 // Bermuda-based Aspen Insurance Holdings Limited has appointed Julian Cusack, currently its CFO, to the expanded role of Chairman and CEO of Aspen Insurance Limited (AIL), Bermuda. He will step down as CFO once a successor...
