Underwriting
Schmidt Joins Argo as Group CUO
Argo Group International Holdings Ltd., an international underwriter of specialty insurance and reinsurance products, has appointed Axel Schmidt as group chief underwriting officer. He will succeed ...
Nomura: Progressive May Struggle To Keep Older Customers
Gone are the days when Progressive Corp., the nation's fourth-largest U.S. auto insurer, could grow through innovation alone. Future expansion will come at the expense of its rivals by going after ...
U.S. Infrastructure Vulnerable to Cyber Risks; Experts Say CEOs Too Complacent
After warning for years that the U.S. electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it may take a major destructive attack to jolt CEOs ...
Property Events Create Emerging Risks for Casualty Insurers
When we think of large insured losses arising from natural or manmade disasters, we see images from hurricane or earthquake devastation. First-party property damage and business interruption losses ...
Africa Experiments With Sovereign Risk Pool Insurance Scheme
In the 1980s images of skeletal Ethiopian babies and their parents, dying from hunger during a devastating famine, helped galvanize global humanitarian and financial aid to drought-ravaged African ...
Tower Group Rejects Offer From Eastern European Insurer
Tower Group International's board of directors unanimously rejected a surprise acquisition bid submitted earlier this week from an Eastern European Insurer, choosing instead to focus on an ongoing ...
Bennett Moves From QBE to Hardy to Head Up Casualty Underwriting
Hardy Underwriting announced Wednesday that Craig Bennett has agreed to join the group to head up casualty underwriting and plans to start in late October/early November. In this new role, Craig will ...
RAND Study Backing TRIA Among Latest Additions to Continuing Renewal Debate
More than seven months before the Terrorism Risk Insurance Act is set to expire yet again, the lobbying push to renew it or let the post-9/11 law lapse is accelerating, with no consensus yet in ...