casualty insurance News

ArgoGlobal Names Shallow Head of Int’l Specialty, MacDonald Head of Non-U.S. Casualty

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the appointment of Jeremy Shallow as head of International Specialty and Ross MacDonald as head of non-U.S. International Casualty. Shallow reports to John Moffatt, active underwriter of Syndicate 1200, while …

Praedicat Develops Named Peril Casualty Insurance Product via Lloyd’s Lab

Praedicat, Inc., the Los Angeles-based liability risk analytics software company, announced it is developing a new insurance product designed to help global industrials secure coverage for innovative and essential products and chemicals that are typically excluded or under-insured in standard …

BHSI Forms Construction, Casualty Teams in France, Led by AXA XL’s Antiphon, Bonifay

Berkshire Hathaway Specialty Insurance (BHSI) announced it has commenced underwriting casualty and construction insurance in France and filled two key in-country leadership posts, naming Olivier Antiphon as head of Construction and Anne-Sophie Bonifay as head of Casualty. Antiphon comes to …

AFL Insurance Brokers Appoints Moretti from JLT as Director of Casualty

Independent Lloyd’s broker AFL Insurance Brokers Ltd. (AFL) has appointed of Julia Moretti as director – casualty, effective September 2018. Moretti joins the AFL team from JLT Reinsurance Brokers Ltd., where she was partner and senior casualty producer in the …

Commercial Insurance Prices Rise in Q4 2017, Reversing 4½ Years of Rate Cuts: Marsh

Average global insurance pricing in the fourth quarter of 2017 increased for the first time since Q1 2013, driven largely by global property insurance pricing following the third quarter’s large catastrophe losses, according to Marsh’s latest Market Index report. The …

BHSI Launches Casualty Platform; Leeks Named Head of Casualty, UK & S. Europe

Berkshire Hathaway Specialty Insurance (BHSI) is introducing public and products liability insurance in the UK, Ireland and Southern Europe, and employer’s liability insurance in the UK and Ireland, while naming Martin Leeks, senior vice president, Casualty, UK and Southern Europe. …

Liberty Specialty Markets Names AIG’s Sutherland to Lead Casualty Team

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Stuart Sutherland as its head of Casualty. Based in LSM’s London headquarters, Sutherland will report to Alan Telford, chief underwriting officer – Commercial. Joining in July, he will …

W.R. Berkley Suspends Marine Underwriting in London: Sources

W.R. Berkley has put under review and is suspending underwriting for its London marine book until it can determine the direction of this business going forward, Insurance Journal can reveal. W/R/B Underwriting, the company’s Lloyd’s managing agent, is suspending its …

Low Prices Ultimately Could Bite London Market Insurers: A.M. Best, PwC Reports

The business outlook for the London insurance market is a familiar one across other global markets: underwriting profits are under pressure as ongoing soft market prices begin to take a toll. In separate reports on the London market, both A.M. …

Liberty International Underwriters Names C&F’s Cossetti as Head of U.S. Casualty

Liberty International Underwriters (LIU) has named Diana Cossetti as senior vice president of LIU’s U.S. Casualty operation, newly-created underwriting leadership role overseeing Primary Casualty, Excess Casualty, Environmental, Railroad and Crisis Management. S Cossetti will be based in New York and …