April 30, 2024
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Risky Business

Risky Business

Bored? Call insurance!

Loneliness can make one do crazy things. A man called an insurance company to report an accident claim. He gave the details of his accident and requested to come to the office and give his statement in person. A young female adjuster was assigned to his case and went to...

The honest liar

A claimant reporting to his housing association that he had sustained a head injury when he slipped down six wet stairs. He hit his head five times in the mishap. The manager of the association looked at him and asked him how tall he was. Seeing that he was 6’...

Striking a spark

A golfer hit his ball into the bushes during a run at the golf course. When he tried to hit the ball out the club struck a rock and created a spark according to investigators and witness statements. The spark then leapt to tinder dry bush, which burst into rapid...

RAK Insurance boasts organisational revamp

RAK Insurance recently announced a slew of new appointments. Shyam Shankar has been made general manager of Life insurance. He will lead the operations of Life and Medical division. Shankar will work closely within the organisation to ensure key business results are achieved and deliver excellent customer service. Claude Zoghbi...

Husain Al Ajmi is new AII CEO

At a recent meeting of the Board of Directors Husain Al Ajmi BSc, ACII was appointed CEO of the award-winning Arab Insurance Institute, taking over from Khaled Abu Nahel, interim CEO. “We are delighted that Husain is joining us at this exciting time in the Institute’s growth,” said Nahel. “His...

David Ong to underwrite Marine Hull & Energy

Argo Global has appointed David Ong as senior underwriter of Marine Hull and Energy for MENA as part of the continued expansion of its global marine offering. David will report to Lina Hantas, chief underwriting officer, MENA, effective immediately. Ong brings eight years of specialist marine expertise to his new...

Alex St James joins XL Catlin

Alex St James has joined XL Catlin’s newly established reinsurance unit focusing on facultative and treaty reinsurance across Africa. St James will lead the team as head of Africa for XL Catlin’s reinsurance. In addition, Matthew Gillies has been named actuarial underwriter. Both St James and Gillies will be based...

Jack Jenner moves to AGCS Dubai

Allianz Global Corporate & Speciality (AGCS) has named Jack Jenner as country manager for its Dubai-based offices. Jenner will lead the Dubai branch of AGCS’s wholly owned subsidiary, Allianz Risk Transfer AG, which covers the Middle East region, providing facultative reinsurance for corporate, industrial and specialty risks. He will be...

Practice makes broken floor

This claim is by a homeowner who decided to practice her bowling at home. The hardwood floor was therefore turned into a bowling alley and this caused substantial damage. She filed her claim with the report that said the floor’s damage was not due to the bowling ball, but due...

Psyched by fire

A woman filed a lawsuit against her neighbour for causing a fire that started by leaving an iron on and unattended. The fire was minor and resulted in a few damages to the sink in her bathroom. However, the woman claimed emotional distress from the incident. The woman’s medical records...

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