Underwriting
Casualty Underwriting: The Original ESG
Promoting Environmental, Social and Governance (ESG) performance has become a top priority of corporate executives and boards everywhere, including in property and casualty insurance. However, ...
Attn. Product Recall Insurers: New CEOs More Likely to Issue Recalls
Newly tenured CEOs in the consumer products industry are more likely to announce a product safety recall than CEOs who have been in the position longer, according to a new study of 25 years of ...
What Is the Key to Underwriting in an Everchanging Cyber Risk Landscape? Change With It
There is plenty of talk about the everchanging cyber risk environment, but what about the insurance industry that underwrites these risks? As some contemplate a need for more stability in cyber ...
The Facts About 2021 Wildfires; The Outlook for 2022
The 2021 wildfire season in the Western United States was another one for the books, breaking records for size and destruction right up to the last day of the year. The last wildfires of 2021 were ...
AIG to Move High Net Worth Homeowners to E&S
Peter Zaffino, CEO of American International Group (AIG), said the company's ongoing analysis of the increased frequency and severity of natural catastrophes has led to a decision to move the ...
AIG Returns to Profit on Improved P/C Insurance Underwriting, Lower Catastrophes
Global insurer American International Group (AIG) reported strong fourth quarter and year-end results led by the performance of its General Insurance business. After reporting a net loss of $60 ...
W.R. Berkley Optimistic Yet Cautious About Workers Compensation
W.R. Berkley Corporation, a commercial lines property/casualty insurance company, indicated in its Q4 and full year 2021 earnings call that while it is optimistic about 2022, it is exercising caution ...
AM Best Answers Questions as DUAE; MGA Assessments Go Live
It is not a credit rating. It will not impact an insurer's financial strength rating. Those were two of the answers that AM Best analysts delivered yesterday in various presentations about the rating ...