Latest news with #NAMIC
Yahoo
3 days ago
- Business
- Yahoo
Insurance Leaders Tackle Social Inflation in Exclusive Webinar
Orlando, Florida--(Newsfile Corp. - June 19, 2025) - Social inflation soared to a record 7% in 2023, the highest in over two decades and now the leading driver of liability claim growth, according to Swiss Re's latest report. As carriers face mounting pressure to curb losses and adapt to an increasingly sophisticated plaintiff bar, Reuters Events is convening industry leaders for a critical conversation on actionable strategies. To view an enhanced version of this graphic, please visit: Join us for the exclusive webinar:Proactive Claims Litigation Management: Combat Social Inflation & The Sophisticated Plaintiff BarThursday, June 26th | 11am-12pm EDTWatch Live or On-DemandRegister Here The session will bring together top claims and legal executives to share practical insights and proven tactics, including: Building Stronger Defense Networks: Lynn Moretti, SVP & Head of International Claims Transformation at AmTrust Group, will discuss intelligence sharing and how carriers can advocate for reform through industry associations and external counsel. Leveraging Technology: David T. Vanalek, Chief Legal & Compliance Officer at Richmond National, will explore the role of predictive analytics, document summarization, and data-driven triage in streamlining complex legal cases and improving outcomes. Integrated Workflows & Early Intervention: Dale Diamond, VP of Claims at NAMIC, will outline how early collaboration and integrated workflows can lead to more effective settlements and reduced litigation costs. Navigating the Legislative Landscape: Allen Kirsh, Head of Claims Judicial & Legislative Affairs at Zurich North America, will provide guidance on how carriers can proactively engage in legal reform efforts to curb the impact of social inflation. Registration is free and open to all insurance professionals. Can't attend live? Register to receive the full recording directly in your inbox. Don't miss this opportunity to take meaningful action against social inflation and strengthen your litigation defense. Reserve your spot today: About Reuters Events Insurance:Reuters Events Insurance brings together leading voices in insurance to share insights, drive innovation, and tackle the industry's biggest challenges. Learn more at Contact:Emma To view the source version of this press release, please visit Effettua l'accesso per consultare il tuo portafoglio
Jordan Times
14-04-2025
- Business
- Jordan Times
NAMIC approves JD4m capital increase, plans expansion to JD40m
The National Arab Mining and Transformation Industries Company on Monday approves the first phase of a capital increase amounting to JD4 million (Photo Courtesy of NAMIC) AMMAN — The Board of Directors of the National Arab Mining and Transformation Industries Company (NAMIC) on Monday approved the first phase of a capital increase amounting to JD4 million. The company said that shareholders and board members, during an extraordinary meeting, agreed to increase the company's capital in two phases, the Jordan News Agency, Petra, reported. The first phase, limited to current founding shareholders, will raise the capital to JD5.4 million over a two-month period. The second phase, set to commence immediately after the first, will increase the capital to JD40 million an additional JD34.6 million through a private subscription that includes both existing and new shareholders. The meeting was chaired by JBA President Hamdi Tabbaa and attended by CEO Ayman Ayyash and all board members. NAMIC is a 'pioneering' initiative established by Jordanian and Arab business leaders to contribute to the implementation of the Kingdom's Economic Modernisation Vision, with a particular focus on advancing the mining sector and transformation industries.
