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Insurance
Talbot Underwriting, a wholly owned subsidiary of Validus Holdings, has joined forces with insurer Markel to provide expertise and knowledge of the Middle East and Africa (MEA) marketplace via an increased level of directors and officers (D&O) capacity in the region. 6 April 2016
Insurance
Prudential Hong Kong is introducing a digital claims submission system and artificial intelligence (AI) platform. 14 December 2017
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
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
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
Insurance
Novae Group, a specialist Lloyd’s insurance group, posted a 9.8 percent increase in its gross written premiums (GWP) for the first quarter of 2016. The increased to £282.8 million, compared with £257.6 million in the first quarter of last year. 11 May 2016
Insurance
Berkshire Hathaway’s recent arrangement with Aon, whereby it takes a 7.5 percent quota share on all retail subscription business with some Lloyd’s participation, has caused controversy in the industry. Intelligent Insurer asked a range of industry figures: “Do you believe it represents an innovative blueprint of things to come in the industry, or a potential threat to underwriting expertise?” 1 September 2013
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
Markel Corporation said on Oct. 11 that it expects to report third quarter pre-tax underwriting losses of $503 million, net of reinstatement premiums, from Hurricanes Harvey, Irma and Maria as well as the Mexico City earthquakes. 12 October 2017
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