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How to Outperform: Don’t Outsource Underwriting to MGAs
Jul 26 2024 // Executives of two property/casualty insurance organizations—Kinsale Insurance and the U.S. P/C operations of Arch Capital—shared their recipes for success with an analyst who crowned their companies as performance...
People Moves: Encova Insurance Names Shaver SVP, Small Business, and Lowe VP, Package Lines Underwriting
Jul 24 2024 // Michelle Shaver Encova Insurance, headquartered in Columbus, Ohio, named Michelle Shaver as senior vice president, small business, commercial lines, and Carrie Lowe as vice president, package lines underwriting. Shaver...
Personal Auto Driving P/C Insurers to 2024 Underwriting Profit
Jul 23 2024 // S&P Global Market Intelligence is forecasting a combined ratio of 99.2 for the U.S. P/C insurance industry overall in 2024, signifying a return to underwriting profitability for the first time since 2021. According to...
MGU Carbon Underwriting Gets Initial Lloyd’s Approval to Launch New Syndicate
Jul 23 2024 // Carbon Underwriting Ltd., the London-based managing general underwriter and Lloyd’s syndicate CBN 4747, announce that Lloyd’s has granted in principle approval for the launch of Syndicate 5757, effective Jan....
Travelers Reverses Q2 Income Loss, Narrows Underwriting Loss
Jul 19 2024 // The Travelers Companies, Inc. reported second quarter net income of $534 million, compared to a loss of $14 million during the same time a year ago, thanks to record net premiums of about $11.1 billion. The New York-based...
People Moves: AIG Names Twiningdavis EVP, Chief Administrative Officer; Lopez joins CFC USA as Senior Executive Underwriter
Jul 16 2024 // AIG Names Twiningdavis Executive Vice President, Chief Administrative Officer Melissa Twiningdavis American International Group, Inc. (AIG), named Melissa Twiningdavis executive vice president and chief administrative...
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