Latest Casualty Headlines
All the headlines from our Casualty Topic Page, ordered by recency.
People Moves: BHSI Enters Swiss Mkt., Names Metzger as Country Mgr.; AXA XL Promotes Shing for Casualty; Swiss Re Corporate Builds Inherent Defect Ins. Team
Jul 20 2022 // This edition of International People Moves details appointments from three insurers: Berkshire Hathaway Specialty Insurance (BHSI), AXA XL and Swiss Re Corporate Solutions. A summary of these new hires follows here. BHSI...
United Property & Casualty Says It Is Exploring Potential Sale or Merger
Jul 14 2022 // United Insurance Holdings Corp., parent company of one of Florida’s largest property insurers – and one that has seen heavy losses in the last two years – announced that its board of directors is now exploring a...
People Moves: Aon Adds 3 to M&A; Shing Heads AXA XL International Casualty; UIB Marine Welcomes Waller
Jul 14 2022 // Aon Adds 3 to M&A and Transaction Practice in the UK Global broker Aon has strengthened its Mergers & Acquisitions and Transaction Solutions team in the UK with the appointments of Sam Bridges, Tanya Hickson, and...
2022 Super Regional P/C Insurers™; Demotech Inc. Reveals Leading Multi-State Property/Casualty Insurers
Jul 4 2022 // In order to continue the discussion regarding what constitutes a Super Regional P/C Insurer™ and to give definition to this important group of insurers, Demotech Inc. analyzed year-end 2021 data for property/casualty...
People Moves: AXA XL Promotes Dores for Int’l Financial Lines; BMS Builds Out Casualty With Hires From Tysers; WTW Taps RenRe’s Modhvadia for Structured Risk
Jun 30 2022 // This edition of International People Moves details appointments at AXA XL, BMS and WTW. A summary of these new hires follows here. AXA XL Promotes Dores to CUO, Int’l Financial Lines – APAC & Europe AXA XL...
People Moves: Miller Expands Into Media & Entertainment; Aon Re Names Carpenter’s Toffanello Head of Italy; SiriusPoint’s Sawyer Rejoins AXA XL for U.S. Casualty Re
Jun 27 2022 // This edition of International People Moves details appointments at insurance broker Miller, Aon Reinsurance Solutions in Italy, and AXA XL. A summary of these new hires follows here. Miller Expands Into Media &...
Former Executive of PICC Property & Casualty Expelled From China’s Communist Party
May 25 2022 // China’s ruling Communist Party has expelled a former chief accountant of state-controlled PICC Property and Casualty Co. from the party, accusing him of illegal activities and taking bribes, the anti-graft watchdog...
People Moves: Liberty Mutual Re Hires AXA XL’s Sharman for Casualty Re; SiriusPoint Taps AXA XL’s Pascall as Head of London and Int’l Casualty
May 17 2022 // This edition of International People Moves details appointments at Liberty Mutual Re and SiriusPoint. A summary of these new hires follows here. Liberty Mutual Re Hires AXA XL’s Sharman for Casualty Reinsurance Alice...
People Moves: Lim Promoted to CEO, Howden Singapore; Liberty Specialty Mkts. Hires Lim for Aviation Claims; OdysseyRe Taps Everest’s Finnegan for U.S. General Casualty
May 4 2022 // This edition of International People Moves details appointments at Howden Singapore, Liberty Specialty Markets and OdysseyRe. A summary of these new hires follows here. Lim Promoted to CEO of Howden Singapore Howden, the...
Markets/Coverages: QBE N.A. Starts Specialty Casualty; Ryan Specialty, Harleysville Team Up; Coalition, Vantage Capacity Partners; Joyn Expands Offerings
Apr 29 2022 // QBE North America launches Specialty Casualty business QBE North America today announced the launch of a Specialty Casualty business as part of its strategy to invest in areas where the insurer can offer distinct...
People Moves: TigerRisk Taps RenRe’s Everdell to Lead Casualty; HUB Promotes Chandani for Hospitality Specialty; Fidelis Names Brindle as Head of Sustainability
Apr 19 2022 // This edition of International People Moves details appointments at two brokers, TigerRisk and Hub International, and the insurer Fidelis. A summary of these new hires follows here. TigerRisk Taps RenRe’s Everdell as...
PFAS, Microplastics, Baby Food: Emerging Casualty Risks Keep Coming
Apr 18 2022 // There is no longer a need to ponder the “next asbestos” because the current litigation environment and the recent pace of additions to the list of emerging risks and trends in casualty insurance is enough to...
Advice for Casualty Insurance Brokers: ‘Get Out of the Pajamas’
Apr 13 2022 // Asked for the latest thoughts on the role of the broker in managing client expectations against the headwinds of a difficult casualty insurance market, one panelist during Advisen’s Casualty Insights Conference said...
PFAS, Microplastics, Baby Food: Emerging Casualty Risks Keep Coming
Apr 8 2022 // There is no longer a need to ponder the “next asbestos” because the current litigation environment and the recent pace of additions to the list of emerging risks and trends in casualty insurance is enough to...
AM Best Revises Outlook for South Carolina-based Greenville Casualty
Apr 6 2022 // The AM Best rating firm has revised its outlook for South Carolina-based Greenville Casualty Insurance Co., from positive to stable. The insurer’s financial strength rating remained the same at “B...
RenRe Launches Casualty, Specialty Venture for ILS Investors
Apr 6 2022 // With institutional investors providing the bulk of the capital, RenaissanceRe Holdings has announced the creation of a new joint venture dedicated to casualty and specialty risks. Launched with $475 million of capital, the...
Montana Jury Awards $36.5M to Former Libby Miner With Lung Disease
Feb 25 2022 // A Montana jury has awarded $36.5 million in damages to an Oregon man who suffers from lung disease because of exposure to asbestos while working at a vermiculite mine in Libby, a bellwether case that could affect hundreds...
Prime Insurance Company and Prime Property & Casualty Insurance Inc. Announces the Appointment of New Board Member
Feb 23 2022 // Ms. Richards states, “It is an honor to serve a carrier so dedicated to fighting for justice on behalf of our insured partners.” Chicago, IL, February 23, 2022 — Rick J. Lindsey, President, CEO and Chairman...
People Moves: BHSI Promotes Alder-Smurthwaite, Emson for UK Casualty; Marsh Names Faull Head of Climate & Sustainability Risk; MS Amlin Appoints 4 for Risk Team
Feb 17 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Marsh and MS Amlin Underwriting Ltd. A summary of these new hires follows here. BHSI Promotes...
AM Best Assigns Michigan’s Universal & Fire Casualty Excellent Rating
Feb 2 2022 // AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Universal Fire & Casualty Insurance Company, headquartered in Waterford,...
