Underwriting
Battle Over UK Business Interruption COVID-19 Test Case Continues Nov. 16
The UK Supreme Court will hear an appeal on Nov. 16 of the Financial Conduct Authority's (FCA) test case over which insurance companies should offer payouts to small businesses battered by the ...
CNA Turns a Q3 Profit; P/C Combined Ratio Surpasses 100
CNA Financial Corp. doubled its 2020 Q3 net income, thanks in part to higher investment returns and rate hikes in the P/C insurance division that increased more than 12 percent on average. Net ...
Stronger Together: How Underwriters and Actuaries Benefit From Close Ties
Pricing and underwriting are critical aspects for the effective functioning of the property/casualty insurance industry. Successful companies recognize the need for a strong connection between these ...
Talent Movement Is Top Priority for AXA XL Americas New CUO
When Donna Nadeau started tackling the responsibilities of her new role as chief underwriting officer for the Americas at AXA XL in recent months, she turned her focus to talent as a top agenda item. ...
Building Golf Clubs for Underwriters
When John Beckman of QBE North America talks about his role as a chief underwriting officer, the "recovering actuary" and former chief risk officer of CNA repeatedly refers to the need to look for ...
Tropical Storm Eta Becomes 2020’s 28th Named Atlantic Storm
Tropical Storm Eta formed overnight [on Sunday, Nov. 1] in the Caribbean, becoming the Atlantic's 28th storm of 2020 and tying a 2005 record for the most named systems in a single year in records ...
2020’s Strongest Typhoon Slams Philippines, Bringing Destruction and Death
At least 10 people died and three others were missing after Typhoon Goni, the world's strongest typhoon this year, barrelled through the south of the Philippines' main island of Luzon on Sunday, an ...
AIG’s Decision to Separate L&R Biz Risks Possible Ratings Downgrades
American International Group's plan to downsize by divesting its Life & Retirement business is drawing cautious and wary reactions from rating agencies that follow the property/casualty insurance ...