Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Hiscox Hires Mackey as Energy Underwriter, Completing Energy Team
Feb 16 2016 // Lorraine Mackey has joined Hiscox’s London market energy team as an energy underwriter. Mackey’s appointment completes the team led by Charles Rawlins, energy line underwriter, and also includes Louis...
AIG Reports $1.8 Billion Q4 Net Loss on Weak Underwriting, Investments
Feb 12 2016 // American International Group Inc. reported an operating loss of $1.3 billion for the fourth quarter of 2015, compared to after-tax operating income of $1.4 billion in the prior-year quarter. Disappointing underwriting and...
Liberty Specialty Announces Specialty Lines and Fine Art & Specie Appointments
Feb 12 2016 // Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has promoted Mike Gosselin to the role of chief underwriting officer for specialty, while also naming David Saillen as head of fine art & specie –...
P/C Retail, Wholesale Agency 2015 M&A Highlights by Region, State
Feb 10 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since brokers are enjoying their best...
Texas Seeks Applicants for Medical Liability Insurance Underwriting Assoc. Board
Feb 9 2016 // The Texas Department of Insurance is accepting applications through March 11 for two public member positions on the Texas Medical Liability Insurance Underwriting Association board of directors. The appointment terms are...
Sompo Canopius Announces a Simplified Organizational Structure
Feb 9 2016 // Sompo Canopius AG has announced a number of changes to its organizational structure. The company is simplifying its underwriting management and structure to enhance cohesiveness and focus on profitability across the group....
P&I Sector’s Underwriting Discipline to Be Tested in Coming Renewals: A.M. Best
Feb 8 2016 // Underwriting discipline in the marine protection and indemnity (P&I) sector will be tested over the February 2016 renewal period due to market and competitive forces buffeting the sector, according to report published...
CFC Underwriting, London-Based MGA, Expands Transaction Liability Team
Feb 8 2016 // London-based CFC Underwriting has added two new underwriters to its growing transaction liability team. This follows last year’s appointment of Matthew Giddings to drive the development of a new line of business for...
10 Trends in U.S. Casualty Markets in 2016: Marsh
Feb 8 2016 // The sharing economy, expanded litigation, surplus capital, custom account underwriting and further consolidation are likely to challenge the U.S. casualty insurance marketplace in 2016, according to broker Marsh. Marsh...
P/C Retail, Wholesale Agency M&A Activity Brisk in 2015
Feb 8 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since many brokers have continued to enjoy...
10 Things to Know About Garage & Repair
Feb 8 2016 // For service-type operations under a garage liability policy, the standard market generally writes this business under a general liability policy, which includes personal injury and advertising liability, fire legal...
U.S. Risk names Stacey Ziska a Senior Broker/Underwriter for the U.S. Risk San Francisco Office
Feb 5 2016 // Dallas, TX, February 4, 2016- U.S. Risk Insurance Group, Inc., the nations’ sixth largest Property and Casualty wholesaler announced that it has named Stacey Ziska a Senior Broker/Underwriter for the U.S. Risk San...
XL Catlin Promotes Elder to Chief Marine Underwriting Officer for Americas
Feb 4 2016 // XL Catlin today announced the promotion of Anne Marie Elder to the role of chief underwriting officer of Marine for the Americas region. Elder, who previously held the position of senior vice president and chief...
Cobalt, Chaucer Offer 1st Lloyd’s Shariah Compliant Political Violence Cover
Feb 2 2016 // Shariah compliant managing general agent Cobalt Underwriting has launched a new political violence product backed by Chaucer. Cobalt, the London market’s only Shariah compliant underwriting agency, will offer the...
Lloyd’s Open Broker Sessions in Singapore Designed to Speed Placement Process
Feb 1 2016 // Lloyd’s has started holding open trading sessions at its Singapore hub, which are designed to speed up insurance placements. The sessions enable brokers to see multiple markets at one time and provide faster...
Lloyd’s Underwriter Marketform Appoints Murru as Financial Lines Underwriter
Jan 29 2016 // Specialist Lloyd’s underwriter Marketform, which operates Syndicate 2468 at Lloyd’s, announced that Roberto Murru joined the company as an underwriter in its growing financial lines team led by Ian West. Fluent...
Liberty Specialty Markets Enters Chinese Market via Lloyd’s China Platform
Jan 28 2016 // London-based Liberty Specialty Markets (LSM), which is part of Liberty Mutual Insurance Group, has joined the Lloyd’s China platform. LSM’s Underwriting Division of Lloyd’s Insurance Company (China) Ltd....
A.M. Best Revises Outlook for South Carolina’s Greenville Casualty
Jan 28 2016 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B- (Fair) and the issuer credit rating of “bb-” of Greenville Casualty Insurance Company (Greenville)...
Class Action Follows California Commissioner’s Decision in Applied Dispute
Jan 27 2016 // A decision from the California Department of Insurance has workers’ compensation carrier Applied Underwriters and one of its companies on the defensive, and now a class action suit has been filed seeking to recover...
XL Catlin Appoints 2 P&C Underwriters in Brazil to Help with Strategic Expansion
Jan 25 2016 // XL Catlin announced it has strengthened its Brazilian team with two appointments. Patricia Britto has joined as property underwriter and Luiz Carlos Dos Santos as senior casualty underwriter – both based in Sao Paulo....
