FI rates unmoved by SVB collapse but hardening is possible: Amwins
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

FI rates unmoved by SVB collapse but hardening is possible: Amwins

Samuel Casey
24 April 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
Silicon Valley Bank SVB headquarters and branch.jpg

The high-profile collapse of Silicon Valley Bank (SVB) has had no immediate impact on rating trajectory in the D&O or financial institutions market, but hardening remains a “likely possibility”, according to broker Amwins.

Amwins said ongoing high levels of capacity, plus hunger from new entrants and MGAs to make an investment return and a lack of IPO activity, meant there had been no immediate impact on rates.

SVB

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

News Amwins D&O (Directors and Officers)
sam casey/sam casey ii red.png
Samuel Casey
Senior Reporter
Contact
Gift this article