Claims trends
-
Plus, the latest people moves and all the top news of the week.
-
Claims were concentrated in the US, with a significant increase in D&O class actions.
-
Ex-Tropical Cyclone Alfred has been the costliest event, with A$1.36bn in losses.
-
Errors and omissions claims made up 55% of all notifications, continuing a five-year trend.
-
Although US pricing is improving there is pressure in other geographies.
-
SRCC exposures are being studied more closely but fixing aggregation issues is a challenge.
-
Coverage has broadened while limits have increased, the broker said.
-
More players are looking to the class in a bid for top-line growth.
-
Ransomware threat actors are continuing to attempt ‘smash and grab’ attacks.
-
Lloyd’s chair Bruce Carnegie-Brown officially hands over to Charles Roxburgh today.
-
Insolvencies caused by the tariffs could also cause increased losses
-
The firm now reports on insurance exposures to natural perils for 21 countries.
Most Recent
-
Daily Digest: Top news from 18 July
18 July 2025 -
Coverys confirms MGA AEC’s sale to Edge
18 July 2025