Underwriting
More Industry Consolidation Will Follow the AXA/XL Group Tie-Up: KBW
AXA's planned $15.3 billion acquisition of XL Group Ltd. will spur more consolidation among commercial insurers, Keefe, Bruyette & Woods analysts said in a new report. "The combined AXA/XL would ...
Sompo International Rolls Out European Specialty Insurance Underwriting Division
Sompo International is launching a new European specialty insurance underwriting operation. The Bermuda-based specialty provider of property/casualty insurance said the division initially will focus ...
More Winter Storms Will Pound the East Coast This Week
Winter isn't done with the Northeast just yet. For the second time in a week, a storm promises to barrel along the East Coast, bringing snow to New York and pounding coastal areas still cleaning up ...
VW Catches a Break: U.S. Judge Dismisses Bondholder Suit Over Excess Emissions
A U.S. judge late Friday dismissed a lawsuit filed by institutional investors who purchased bonds from Volkswagen AG's U.S. unit and claimed the automaker had made false and misleading statements ...
Drugmakers Reduce Opioid Marketing as Hundreds of Lawsuits Up Pressure
Purdue Pharma LP's decision to stop promoting its opioid drugs to doctors is being hailed as the first result of a judge's push for concrete solutions to a nationwide epidemic, even though the ...
Tribal Knowledge + Tech Creates Exponential Potential for Underwriters: XL Catlin’s Global Casualty CUO Bewlay
At a time when job research across industries produced by universities and consultancies often lists "insurance underwriter" among professions particularly vulnerable to automation, the chief ...
Breaking Down Silos: The Role of the CUO Today
Describing her role as Global Chief Underwriting Officer, Casualty at XL Catlin, Nancy Bewlay noted that there is only "a little bit of the classic" role—in other words, the role of making calls on ...
NAMIC CEO Chamness Sounds Off on Flood Insurance and Disaster Relief Reform
Reform of the National Flood Insurance Program remains an unresolved issue. Congress must reauthorize the debt-ridden Federal Emergency Management Agency-managed program by March 23. It already has ...