According to a recent report by Verisk and the American Property Casualty Insurance Association (APCIA), the U.S. insurance industry is showing early signs of recovery, fueled by capital gains and stabilization in underwriting.
Tag: underwriting
Chubb’s Underwriting Gains Rise Amid Rate and Growth Balancing Act
Chubb reported a notable increase in underwriting gains for the recent quarter, highlighting the company’s effective risk management and underwriting practices.
Insurance Prices Will Keep Rising for ‘A Couple of Years at Least’
Inflation will drive insurance prices higher for “a couple of years at least”, Patrick Gallagher, chief executive, Gallagher, has said.
AXA XL Launches Underwriting Innovation Office in the Americas
AXA XL Insurance has launched an Underwriting Innovation Office in the Americas to drive innovation in support of business initiatives.
Alliant Insurance Services Grows Its Pennsylvania Team, Hires Mike Hiller
Alliant Insurance Services continues to expand its presence in Pennsylvania, hiring Mike Hiller as Senior Vice President. Hiller joins Alliant with more than 30 years of experience spanning the fields of underwriting, brokerage, and senior management. “Mike has consistently demonstrated strong leadership and innovative thinking; qualities that will play a critical role in the continued… Continue reading Alliant Insurance Services Grows Its Pennsylvania Team, Hires Mike Hiller
At the Crest of Climate Change’s Impact on D&O Claims
The pressure of climate change risks is growing. Changing weather patterns, wildfires, aridification, and water supply issues, to name only a few, continue to dominate global headlines. As the consequences of climate change increasingly manifest themselves, the business risks they pose are reaching into all sectors of the economy. For D&O insurers, the predicted issues… Continue reading At the Crest of Climate Change’s Impact on D&O Claims
Top Insurance Professionals Network, Learn & Grow
Michael E. Angelina, ACAS, MAAA, CERA, is the executive director for the Saint Joseph’s University Academy of Risk Management & Insurance. Prior to assuming his role at Saint Joseph’s, Angelina had more than 25 years of professional experience in the property/casualty insurance industry as a practicing actuary. Among his positions, he served as chief risk… Continue reading Top Insurance Professionals Network, Learn & Grow