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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
JLT Specialty USA, a US subsidiary of JLT, has appointed Tom Delaney as senior vice president (SVP). 8 June 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
New York-headquartered Assurant is adding three members to its management committee to “accelerate decision-making across all of the company’s most critical businesses and to support its global growth strategy,” according to a corporate statement. 13 November 2018
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
News
Having given up on reinsurance in recent decades, some large insurers have had a change of heart as they seek diversification and the access to the capital markets which reinsurers have developed in recent years. Is their bet that they can handle these volatile risks—and that their shareholders will back them—a risky one? Intelligent Insurer investigates. 14 May 2018
Insurance
Prudential Hong Kong is introducing a digital claims submission system and artificial intelligence (AI) platform. 14 December 2017
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
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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