Underwriting
Grandisson Retires; Papadopoulo Is Now Arch Capital CEO
Nicolas Papadopoulo has been named chief executive officer of Arch Capital Group Ltd., succeeding Marc Grandisson, who has decided to retire from the company, Arch announced. Papadopoulo, who has ...
Soft Commercial Market Ahead: Prepare for Underwriter ‘Herd Behavior’
Commercial insurance pricing is cyclical, and the top of the hard market cycle appears to be at hand. While traditional cycle models point the finger at the availability ...
Filling a Perceived Void, Aon Launches U.S. Severe Convective Storm Model
Just a few weeks after unofficially announcing that a new catastrophe model was in the works, Aon officially announced the launch of a model to analyze U.S. Severe Convective Storms this week. Paul ...
Personal Lines Turnaround Fuels U.S. P/C Industry Underwriting Gain
A turnaround in the personal lines insurance segment results was a key driver of an overall $3.8 billion profit from underwriting for the U.S. property/casualty insurance industry, according to a new ...
Having It Both Ways
Over the past four decades, Robert "Bob" Hartwig has championed the critical role the insurance industry plays in the nation's economy. So, when the former Chief Economist and President of the ...
The High Cost of Negative Consumer Perception
Let's talk some truth. Of all the challenges the insurance industry is facing today, chief among them is the reality that insurance is becoming very hard for people to ...
Context Matters: Mailing Letter Sufficient Cancel Notice, Court Says
Simply mailing a cancellation notice to a policyholder, when viewed in the context of other indicators, was enough to comply with state law and void a homeowner's insurance policy just weeks before a ...
How to Grow Profitably in Seven Steps: Delegated Underwriting Is One
Insurers and reinsurers that achieve spectacular returns on average equity have seven common characteristics, according to Aon, which analyzed the performance of 100 insurers and reinsurers to ...