Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
P/C Insurers Posted $31B Profit for 2015 1st Half, Highest 1st-Half Income Since ’07
Oct 21 2015 // Private U.S. property/casualty insurers’ net income after taxes grew to $31.0 billion in the first half of 2015 from $26.0 billion in the first half of 2014, according to a report today from Verisk Analytics’...
Swett & Crawford’s MGA Adds Two Lumber Underwriters in California
Oct 21 2015 // The Insurance Center for Building Materials has hired Rick Zorman and Phil McCown in Los Angeles. Both Zorman and McCown are experienced lumber underwriters and will expand the firm’s capabilities for this...
Back to the Insurance Future: What Marty McFly Saw in 2015
Oct 21 2015 // According to my history book (or “future” book), well, at least the history taught by the movies, Marty McFly landed in Hill Valley today after skipping over the last 30 years. If you see him, compare notes...
Travelers Insurance Sales, Underwriting Improve in Q3
Oct 20 2015 // Travelers Cos., the lone property/casualty insurer in the Dow Jones Industrial Average, said third-quarter profit advanced 1 percent as sales growth accelerated, and improved underwriting margins helped cushion lower...
XS Brokers Announces 5 New Hires in Massachusetts
Oct 20 2015 // XS Brokers, a wholesale brokerage based in Quincy, Massachusetts, announced the following five new hires. Sean McVicker joined XS as broker. McVicker comes from AmTrust E&S where he was casualty broker placing general...
Arrowhead General Insurance Agency Adds New All Risk Property Program in 50 States
Oct 19 2015 // San Diego, CA, October 19 2015 – Arrowhead General Insurance Agency, Inc. (Arrowhead), one of the largest program administrators in the country, announced today the addition of a new Commercial All Risk property...
AIG Makes Leadership Changes at Commercial Insurance
Oct 16 2015 // American International Group (AIG) announced leadership appointments in its Commercial Insurance business, including a new chief underwriting officer and the newly-established roles of global head of Cyber, and presidents...
J.M. Wilson Adds Bolhuis as P/C Underwriter in Michigan
Oct 13 2015 // Wholesale insurance broker, J.M. Wilson, has added Kristin Bolhuis as a property and casualty underwriter in its Portage, Mich., office. Bolhuis is responsible for quoting new and renewal property and casualty business,...
Canopius Appoints Bailey as Global Head of Accident & Health
Oct 13 2015 // Canopius Group AG* announced the appointment of Scott Bailey as global head of Accident & Health, effective immediately. Bailey will lead the development of Canopius’s global A&H strategy as part of the...
ANV Appoints Helson as CEO for Lloyd’s Business
Oct 13 2015 // Global specialty insurance group ANV Holdings BV announced the appointment of Janet Helson as CEO of the group’s Lloyd’s Managing Agency, ANV Syndicates Limited, subject to regulatory approval. Effective...
Eydent Reports Swearingen’s Retirement, Staff Promotions
Oct 12 2015 // Eydent Insurance Services LLC, a Mt. Pleasant, Mich.-based program administrator specializing in niche markets, announced that Jim Swearingen, chief underwriting officer, will retire effective Nov. 15. Swearingen began his...
What’s Driving Surplus Lines Insurance Growth?
Oct 12 2015 // Times are good for surplus lines professionals. The surplus lines industry reached new heights in 2014, growing direct premium written (DPW) in 2014 to $40.2 billion – the highest point in history, reports A.M....
Markel International Appoints Loader as Senior Underwriter, Marine Trades
Oct 12 2015 // Markel International, the London-based specialist insurer, has appointed Steve Loader as senior underwriter, marine trades, in its marine and energy division. Loader joins Markel from RSA Plc where he had been a senior...
Global Risk Partners Hires Lewer to Lead E-Trading; Lee for e-Trade Underwriting
Oct 12 2015 // Simon Lewer has joined Global Risk Partners Limited (GRP)* as the chief operating officer of its MGA Division, with responsibility for the development of GRP’s electronic trading initiatives. He also has been...
Nichols Joins J.M. Wilson as Personal Lines Underwriter
Oct 9 2015 // J.M. Wilson has added John Nichols as a personal lines underwriter in Portage, Mich. Nichols is responsible for quoting new and renewal personal lines risks, along with serving independent insurance agents in 21...
Tischer Joins ANV Underwriters’ M&A Insurance Team
Oct 8 2015 // ANV Underwriters, the international managing general underwriter (MGU) segment of specialty insurance group ANV Holdings, announced the appointment of Florian Tischer to its Mergers and Acquisitions (M&A) Insurance...
Waiting List for Insurers to Get Seats on Lloyd’s Underwriting Floor Hits Record
Oct 8 2015 // The waiting list for an insurer to get a spot on the underwriting floor of Lloyd’s of London is the longest in its 327-year history, indicating record demand for access to the market. Lloyd’s has requests for...
CRC Insurance Services to Acquire Connecticut Underwriters
Oct 6 2015 // CRC Insurance Services Inc., a wholesale insurance unit of BB&T Corporation’s principal subsidiary Branch Banking and Trust Company, announced an agreement to acquire Connecticut Underwriters Inc. in Middletown,...
Assessing First-Half P/C Insurance Results: A.M. Best
Oct 6 2015 // The property/casualty insurance industry is likely to post a third consecutive year of underwriting profits, considering its performance in the first half of the year and barring any late year catastrophic losses,...
European Property Underwriting Forms Capacity Agreement with 3 Risk Partners
Oct 6 2015 // European Property Underwriting Limited (EPU), a London-based property owners MGA, has secured an exclusive capacity arrangement with three risk transfer partners, led by HDI Gerling, with major co/reinsurance...
