Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
People Moves: Faynberg to Head Chubb’s Healthy Paws; D’Onofrio Promoted to Global CUO of Ryan Specialty Underwriting Managers
Feb 28 2025 // Westchester, Chubb’s excess and surplus lines company, said Alex Faynberg was appointed to executive vice president and head of pet insurer Health Paws, effective March 3. Alex Faynberg In his new role, Faynberg will...
People Moves: Markel Taps Johnson From Travelers as Senior U/W, Transport and Logistics; Specialty MGA UK Hires 2 Energy Underwriters
Feb 25 2025 // This edition of International People Moves details appointments at Markel and Specialty MGA UK. A summary of these new hires follows here. Markel Taps Johnson From Travelers as Senior U/W, Transport and Logistics Markel,...
Chubb Posts Record P/C Underwriting Income for Q4 and 2024
Feb 24 2025 // Chubb posted record property/casualty underwriting income of about $1.6 billion, up 3.8% during the last quarter of 2024. Fourth-quarter net income was down 22% to about $2.6 billion compared to the same period a year ago,...
AM Best: US P/C Industry Improves Despite 2024 Underwriting Loss
Feb 21 2025 // The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection. A report from industry rating agency AM Best this week said U.S. P/C...
Your Underwriter Says You Need a CPA-Prepared Statement. What Now? Part II
Feb 18 2025 // This post is part of a series sponsored by Old Republic Surety. Construction accounting is complex. Getting guidance on the expected time and capital investment, as well as a clear understanding of the role of a CPA in...
People Moves: BMS Taps Howden Re’s Biddell as Managing Director and Head of London P/C; MGA DUAL UK Makes 3 Senior Appointments in Underwriting and Distribution
Feb 13 2025 // This edition of International People Moves details appointments at the broker BMS and the managing general agent DUAL UK. A summary of these new hires follows here. BMS Taps Howden Re’s Biddell as Managing Director...
AIG Q4 General Insurance Underwriting Income Down 29% on Catastrophes
Feb 12 2025 // American International Group reported fourth quarter 2024 net income of $898 million compared to $86 million the prior year, but insurance underwriting income was down 29% on high catastrophe losses. AIG said the dramatic...
Your Underwriter Says You Need a CPA-Prepared Statement. What Now? Part I
Feb 11 2025 // This post is part of a series sponsored by Old Republic Surety. Many commercial contractors have experienced the stress caused by the surety requiring them to obtain a financial statement prepared by a certified public...
Pen Underwriting Simplifies Divisional Structure in UK & Ireland, With Breslin at Helm
Feb 11 2025 // Pen Underwriting, the London-based managing general agent, announced a simplified divisional structure to bring together core commercial underwriting capabilities and expertise across the UK and Ireland. Under the central...
People Moves: DOXA Expands Executive Leadership Team; JM Wilson Promotes Boles to Senior Personal Lines Underwriter
Feb 5 2025 // DOXA Expands Executive Leadership Team DOXA, headquartered in Fort Wayne, Indiana, hired five new executive leadership team members. Matt Bishop joined the team as head of operating entities and business verticals. He has...
A Steady Transformation to Drive Profitability: Optimizing Underwriting Insurance Inspection Workflows
Feb 4 2025 // This post is part of a series sponsored by CoreLogic. An insurance organization is composed of so many little pieces — a multitude of workflows that come together to form a cohesive operation. And it all starts with...
Ryan Specialty Completes Buy of Velocity Risk Underwriters
Feb 4 2025 // Specialty insurance provider Ryan Specialty reported it has completed the acquisition of Velocity Risk Underwriters, LLC from funds managed by Oaktree Capital Management, L.P. Based in Nashville, Tennessee, Velocity is a...
Viewpoint: Delegated Underwriting Authority Enterprises Offer Insurers Competitive Edge
Feb 4 2025 // The growing adoption of data-driven underwriting and predictive analytics has given delegated underwriting authority enterprises (DUAEs) a competitive advantage within the insurance industry, with technology serving as a...
Chubb Posts Record P/C Underwriting Income for Q4 and 2024
Jan 29 2025 // Chubb posted record property/casualty underwriting income of about $1.6 billion, up 3.8% during the last quarter of 2024. Fourth quarter net income was down 22% to about $2.6 billion compared to the same period a year ago,...
People Moves: Ignite Specialty Names Patel US Head of IP Underwriting; QBE North America Hires Finnis as SVP of Distribution
Jan 29 2025 // Ignite Specialty Risk Names Patel as US Head of Intellectual Property Underwriting Ankit Patel Ignite Specialty Risk, headquartered in London, appointed Ankit Patel as U.S. head of intellectual property (IP)...
People Moves: Brooks Insurance Adds Garabedian as Underwriting SVP
Jan 29 2025 // Tiffani Garabedian Brooks Insurance hired Tiffani Ann Garabedian as senior vice president of underwriting. Garabedian is based in Los Angeles. Garabedian has nearly 20 years of insurance industry experience, most recently...
People Moves: Ansay Announces New Leadership Team; Ryan Specialty Adds Budd to Specialty Underwriting Segment
Jan 23 2025 // Anneren Family Holding Company, established to perpetuate the Ansay family’s legacy, has announced the appointment of Angela Sikowski as President and Nikki Kiss as Chief Operating Officer (COO). This transition...
People Moves: Arch Promotes Thompson to Offshore Energy Underwriting Manager; WTW Names Mamone as Head of Tech Delivery and Strategy
Jan 22 2025 // This edition of International People Moves details appointments at Arch Insurance International and Willis Towers Watson. A summary of these new hires follows here. Arch Promotes Thompson to Offshore Energy Underwriting...
People Moves: Lloyd’s Names AIG Veteran Baugh as Council Member; White Bear Managers Taps Former Castel Bloodstock Underwriters Woodward and Long
Jan 16 2025 // This edition of International People Moves details appointments at Lloyd’s and White Bear Group. Details of these new hires follows here. Lloyd’s Appoints AIG Veteran Baugh as New Council Member, Succeeding...
Lloyd’s Syndicate AEGIS London Launches Portfolio Solutions Division
Jan 16 2025 // Lloyd’s syndicate AEGIS London announced the creation of a new Portfolio Solutions division that will focus on following third-party underwriting expertise in the London market. Led by respected underwriter Richard...
