Share This Profile
Share this profile on Facebook.
Link to this profile on LinkedIn.
Tweet this profile on Twitter.
Email a link to this profile.
See other services through which you can share this profile.
This profile was last updated on 4/22/12  and contains information from public web pages.

Mr. Charles F. Titterton

Wrong Charles F. Titterton?

Employment History

Board Memberships and Affiliations

81 Total References
Web References
Old Republic International Corporation - Corporate Governance - Board of Directors, 22 April 2012 [cached]
Charles F. Titterton Insurance Group Director (Retired) Standard & Poor's Corporation
S&P affirms United Guaranty Residential Insurance, 21 Aug 2003 [cached]
Accounting for earnings from somewhat higher writings in the bulk market will moderate the decline," explained Standard & Poor's credit analyst Charles Titterton.
Standard & Poor’s: Auto/homeowners' insurers back on stable footing, 16 July 2001 [cached]
"You have a number of companies that don't have the latitude any more to go after market share aggressively, and that's going to drive pricing up," said Charles Titterton, a director in Standard & Poor's Financial Services Ratings,
Although the personal-lines sector incurred negligible payouts to terrorism in 2001, some of the large players in the sector did undergo a significant reduction in capital from Sept. 11 losses, because their coverage also straddles commercial-lines business.This effectively reduced supply in the industry.Dividend payments by operating companies to fund stock buyback programs of their parent companies have also limited available capital.
Titterton projects an improvement in the combined ratio for automobile coverage (measuring insurer payouts plus expenses, as a percentage of premium) to about 103.5 percent for 2002, compared with 108.4 percent for 2001.For the homeowners line, where mold exposures have proven a drag on underwriting performance, the combined ratio is projected at 112 percent, compared with 122 percent in 2001.
In the case of State Farm, which wields about 20 percent of the national personal-lines market, large losses have galvanized the group into pressing for rate increases.State Farm has also ceased writing homeowners policies for new customers in Texas and California while, for its ongoing policies in Texas, it has filed for very large premium-rate increases and has gained permission to apply more reasonable terms for mold exposure.
The full analysis on personal-lines insurers, contained within a report entitled "U.S. Property/Casualty Insurance Midyear Outlook 2002: Negative Fundamentals Outweigh Higher Pricing," is available on RatingsDirect, Standard & Poor's on-line research database, at
News Releases 12/15/2005, 15 Dec 2005 [cached]
Insurance analyst Charles Titterton, a director with Standard & Poor's, New York, says that United Guaranty's "top-flight analysis of credit quality" is one of the chief ways it differentiates itself from competitors and contributes to the company's sound overall strategy.
Because United Guaranty is not participating heavily in the bulk market, which includes some subprime lending, it is not booking the kinds of increases in premiums earned that some of its competitors are booking and thus may not outperform them in earnings, Titterton explains.
Both AIG and United Guaranty believe it is too risky to get into bulk transactions in a big way, Titterton says.
While Titterton agrees that bulk transactions are "definitely a riskier market," he also notes that "it tends to be better priced" and can, thus, allow mortgage insurers to boost their earnings if they have properly evaluated the risk.
Partly as a result of its caution on bulk transactions, United Guaranty's earnings are in the "middle of the pack" for mortgage insurers, Titterton says. Even so, he foresees that "earnings for the coming year should be strong to very strong."
"If the economy went into a significant recession, it would impact the entire mortgage insurance industry," Titterton says.
Old Republic International Corporation - Corporate Governance - Committee Composition, 22 April 2012 [cached]
Charles F. Titterton Financial Expert Committee Member Chairperson
Other People with the name "Titterton":
Accelerate your business with the industry's most comprehensive profiles on business people and companies.
Find business contacts by city, industry and title. Our B2B directory has just-verified and in-depth profiles, plus the market's top tools for searching, targeting and tracking.
Atlanta | Boston | Chicago | Houston | Los Angeles | New York
Browse ZoomInfo's business people directory. Our professional profiles include verified contact information, biography, work history, affiliations and more.
Browse ZoomInfo's company directory. Our company profiles include corporate background information, detailed descriptions, and links to comprehensive employee profiles with verified contact information.