Articles
Insurance
Internet-only insurer ZhongAn Online Property & Casualty Insurance priced its initial public offering (IPO) at the top of an indicated range, raising $1.5 billion in Hong Kong, Reuters reported on Sept. 22. 22 September 2017
Insurance
The Ethiopian Airlines crash on the 10 March 2019, and the subsequent worldwide grounding of the Boeing 737 Max fleet, “could cost aviation insurers over $1bn combined”, the broker AJ Gallagher has estimated. 16 July 2019
Insurance
Munich Re has agreed to purchase an additional 11 percent of the shares in Global Aerospace Underwriting Managers, taking its stake to 51 percent. 15 December 2017
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed David Ong as senior underwriter of marine hull and energy for the Middle East and North Africa (MENA), and Lee Zi Yih as marine underwriter for Asia, as part of the expansion of its marine offering. 11 July 2016
Insurance
Re/insurer XL Catlin has promoted Mike MacColl to the position of global practice leader for hull. Previously, MacColl held the role of head of hull for the UK. 6 February 2018
Insurance
Prudential Hong Kong is introducing a digital claims submission system and artificial intelligence (AI) platform. 14 December 2017
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance, has appointed Kellie Reese as an underwriter in its recently launched excess and surplus (E&S) property operation. 13 December 2017
Insurance
Billionaire investor Carl Icahn disclosed a 9.38 percent stake in insurer AmTrust Financial Services and said in a letter to the insurer’s board that he strongly opposed the going-private deal. 18 May 2018
Insurance
Fidelis Insurance has promoted Richard Coulson to the position of chief underwriting officer of Fidelis Underwriting. He takes up this role with immediate effect and will report to Daniel Burrows, chief executive officer of Fidelis Underwriting. 9 January 2018
Insurance
Ethos Specialty Insurance Services, the US managing general agency and a subsidiary of Ascot Group, has appointed Michael Carr as head of property. 9 January 2018
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