August 2004/5

Lloyd’s insurer Hiscox became the latest carrier to warn over the slide in US D&O rates last week. Hiscox, which dipped a toe into the market following the sector’s significant rate rises in 2002, explained “this is a very small business for us and wil

Amlin smoothed fears over falling rates last week by providing a reassuring assessment of market conditions, while also improving slightly the forecasts on its 2002 and 2003 underwriting forecasts.