The seizure of MSC Aries by Iran’s Revolutionary Guard at the weekend is the latest in a series of headwi...
CRC teams with Plover to launch $2mn parametric D&O product for SCAs called Side X
CRC's wholesale brokerage unit has partnered with insurtech Plover Parametrics to launch a D&O product called Side X offering up to $2mn in limit...
CRC's wholesale brokerage unit has partnered with insurtech Plover Parametrics to launch a D&O product called Side X offering up to $2mn in limit...
Article / 9 days ago
Distinguished Programs bolsters Baker-led executive lines team with four new hires
Distinguished Programs has strengthened its nascent executive lines platform with a further four hires from Ascot, with Devon Lay, Crystal Greene, Carol...
Distinguished Programs has strengthened its nascent executive lines platform with a further four hires from Ascot, with Devon Lay, Crystal Greene, Carol...
Article / 1 month ago
PLUS D&O panel: Pace of rate decreases not sustainable at current level of demand
D&O carrier executives at a PLUS event have suggested that they are heeding the warning signs in the market from rate decreases, and also expressed...
D&O carrier executives at a PLUS event have suggested that they are heeding the warning signs in the market from rate decreases, and also expressed...
Article / 2 months ago
AM Best negative on US D&O as warns pricing environment “may prove unsustainable”
The US D&O pricing environment may prove unsustainable based on developing losses, AM Best has warned, with the rating agency assigning a negative...
The US D&O pricing environment may prove unsustainable based on developing losses, AM Best has warned, with the rating agency assigning a negative...
Article / 2 months ago
Living in a “material” world for cyber disclosure
The new Securities and Exchange Commission regulations on disclosing cybersecurity incidents will potentially lead to third-party claims, while also providing threat actors with another lever to pull...
The new Securities and Exchange Commission regulations on disclosing cybersecurity incidents will potentially lead to third-party claims, while also providing threat actors with another lever to pull...
Article / 2 months ago
AIG sees signs of a floor in financial lines
Significant softening in financial lines – largely led by public D&O – has been a dominant theme of the last year or more and was an offsetting factor in both NPW growth and rate at AIG....
Significant softening in financial lines – largely led by public D&O – has been a dominant theme of the last year or more and was an offsetting factor in both NPW growth and rate at AIG....
Article / 2 months ago
UK D&O: can stability continue in an unpredictable market?
Charles Boorman and Craig Watson, CEO and underwriter respectively of London and regional UK financial lines MGA Kayzen Specialty, discuss the challenges and opportunities on...
Charles Boorman and Craig Watson, CEO and underwriter respectively of London and regional UK financial lines MGA Kayzen Specialty, discuss the challenges and opportunities on...
Article / 4 months ago
Aon survey: Most D&O underwriters expect 0-10% rate decreases in '24
An Aon survey has found that just over half of D&O underwriters anticipate a 0 to 10 percent decrease in overall rates for public companies in 2024....
An Aon survey has found that just over half of D&O underwriters anticipate a 0 to 10 percent decrease in overall rates for public companies in 2024....
Article / 4 months ago
Beazley's Cox: Climate litigation risk “rising issue” in D&O
Rising climate litigation risk is prompting D&O underwriters to consider how it will impact their portfolio, including building “greenwashing-realistic” disaster...
Rising climate litigation risk is prompting D&O underwriters to consider how it will impact their portfolio, including building “greenwashing-realistic” disaster...
Article / 6 months ago
WTW and LSM mull adding environmental and mismarketing perils into reputational cover
WTW is mulling an expansion of the named perils in its reputational risk product with Liberty Specialty Markets to include environmental perils and...
WTW is mulling an expansion of the named perils in its reputational risk product with Liberty Specialty Markets to include environmental perils and...
Article / 6 months ago