Most Popular Casualty Headlines This Year
The most viewed headlines from our Casualty Topic Page over the last year.
#1 Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says
Mar 25 2024 // Predictions that the property/casualty insurance industry is in the midst of repeating the type of loss reserving cycle that accompanied the hard market of the beginning year of this century may be overblown, according to...
#2 Casualty Reinsurance Renewals See Modest Price Hikes Despite Social Inflation: AM Best
Feb 15 2024 // Reinsurers in general maintained adequate capacity for casualty programs, despite concerns about social inflation and some recent reserve strengthening actions, according to a report from AM Best. For reinsurers, a...
#3 Reserve Strengthening for Casualty Lines Not Over: Moody’s
May 9 2024 // If personal auto insurance loss reserves are developing adversely, can commercial general liability be far behind? That’s the gist of one of the questions that analysts from Moody’s Investors Service...
#4 Reinsurers’ Casualty Appetites Varied, but Capacity Was ‘Ample’ During 1/1 Renewals
Jan 19 2024 // Reinsurers had varied appetites for casualty reinsurance during the January 2024 renewals; while capacity was sufficient, they still maintained underwriting discipline, according to reinsurance brokers in their renewal...
#5 Midwest Builders’ Casualty Renames to Waypoint Mutual
Mar 26 2024 // Midwest Builders’ Casualty Mutual Company, a large, regional, specialized workers’ compensation insurance carrier, announced that they are changing their name to Waypoint Mutual effective April 1. Kansas City,...
#6 Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says
Apr 15 2024 // Predictions that the property/casualty insurance industry is in the midst of repeating the type of loss reserving cycle that accompanied the hard market of the beginning year of this century may be overblown, according to...
#7 Fleming Acquires James River’s Casualty Reinsurance Business, Ending Legal Dispute
Apr 19 2024 // James River Group Holdings Ltd. announced that Fleming Intermediate Holdings has completed the $277 million acquisition of James River’s casualty reinsurance business – ending a period of legal wrangling that had...
#8 AM Best Maintains Stable Outlook for U.S. Property/Casualty Commercial Lines
Dec 6 2023 // Persistently strong underwriting performance during and after the global pandemic – despite substantial economic and capital markets volatility – has prompted AM Best to maintain its “stable” outlook for...
#9 People Moves: McCarthy to Become ISU CEO; WTW Hires Aon’s Graziano to Lead Casualty Strategy for CRB NA; Markel Names McGrath Head of Fine Art N.A.
Jun 17 2024 // Dan McCarthy ISU Group (ISU), an independent agency network, said Dan McCarthy will become the next chief executive officer, assuming the responsibilities held by T.J. Ryan III over the past 35 years. McCarthy is currently...
#10 People Moves: AXIS Appoints Tan Head of Wholesale Casualty; Fiato Named Allstate Chief Claims Officer; Schoberth to Lead Canopius US Distribution
Jan 12 2024 // AXIS Capital Holdings Limited named Anna Tan as head of wholesale casualty. Tan joins AXIS from Navigators, a brand of The Hartford, where she served for over 12 years, most recently as head of excess casualty. Before...
#11 Aspen and Allianz’s PIMCO Launch Casualty-Focused Reinsurance Vehicle
Apr 17 2024 // Aspen Insurance Holdings Ltd. and PIMCO Investment Management Co. announced the formation of Pando Re Ltd., a Bermuda-domiciled collateralized re/insurer focused on casualty business. Under a long-term agreement, Aspen...
#12 Japan Casualty Insurers’ Shares Sink on Concerns Over Suspected Price Fixing
Aug 2 2023 // A price-fixing scandal at Japan’s biggest casualty insurers is escalating following a media report that the suspected collusion is likely to be wider than initially believed. Shares of Tokio Marine Holdings Inc.,...
#13 People Moves: Zurich Nordic Promotes Fritz to CEO; Arch Taps Cyber U/Ws From Tokio Marine and AIG; Liberty Names RSA’s Furlan as Head of Casualty, Europe
Oct 18 2023 // This edition of International People Moves details appointments at Zurich Insurance, Arch Insurance and Liberty Specialty Markets. A summary of these new hires follows here. Zurich Promotes Fritz to CEO Zurich...
#14 Casualty Reinsurance Renewals See Modest Price Hikes Despite Social Inflation: AM Best
Mar 4 2024 // Reinsurers in general maintained adequate capacity for casualty programs, despite concerns about social inflation and some recent reserve strengthening actions, according to a report from AM Best. For reinsurers, a...
#15 Markets/Coverages: Vantage Risk Introduces U.S. Primary Casualty Insurance
Feb 20 2024 // Vantage Group Holdings Ltd., the Bermuda-based insurer and reinsurer, is offering U.S. primary casualty in addition to its existing Bermuda and U.S. excess casualty products, continuing the company’s expansion of...
#16 People Moves: Everest Names Buonpane Head of Casualty Specialty, Industry Practices; Allied World Appoints Kranz A&E Lead
Jun 11 2024 // Everest Insurance Names Buonpane to Head of Casualty Specialty Lines and Industry Practices Stephen Buonpane Everest Insurance North America, headquartered in Warren, New Jersey, hired Stephen Buonpane to the newly created...
#17 DEI: Redefining the Paradigm for the Property/Casualty Industry
Feb 19 2024 // The recent billionaire back-and-forth about diversity, equity and inclusion initiatives is a great opportunity to look at why we’re doing DEI, how we’re doing it — and how we can do it better. Bill Ackman...
#18 People Moves: AXA XL Reinsurance Names Sawyer to Expanded Role of Head of London Casualty, Reinsurance; Fusion Specialty Hires 2 for M&A Team in London
May 14 2024 // This edition of International People Moves details appointments at AXA XL Reinsurance and Fusion Specialty. A summary of these new hires follows here. AXA XL Reinsurance Names Sawyer to Expanded Role of Head of London...
#19 People Moves: Howden Tiger Taps Byler From Carpenter to Lead US Casualty; Markel Promotes Atkin to Head of Bloodstock for London Markets
Mar 14 2024 // This edition of International People Moves details appointments at Howden Tiger and Markel. A summary of these new hires follows here. Howden Tiger Taps Byler From Carpenter to Lead US Casualty Division Howden Tiger, the...
#20 AM Best Puts Credit Ratings of Casualty Underwriters in Utah Under Review
Feb 27 2024 // AM Best placed under review with negative implications the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating of “b” (Marginal) of Casualty Underwriters Insurance Co. in Salt...
