D&O
-
Syndicate 1200 exited London D&O in 2020 when it was under the ownership of Argo. -
D&O insurers have long warned that economic conditions could push up insolvencies and associated claims.
-
The MGA will now offer employment practices liability, pension trustee liability, and commercial crime cover.
-
Prices are continuing to decline in the D&O market following significant hardening.
-
The scale of reductions is increasing as the class of business experiences its fourth consecutive quarter of rate falls.
-
The broker said pricing reductions might decelerate throughout the year if carriers perceive increased risk.
-
The WTW D&O liability 2023 survey canvassed directors and risk managers in 40 countries around the world.
-
High capacity and an ongoing faith in the financial system have mitigated against instant action from insurers.
-
AIG’s head of commercial D&O in the UK, Christopher Magee, is leaving the business to take up a role with Starr in the US, Insurance Insider can reveal.
-
WTW’s survey cites regulatory risk, health and safety precautions and bribery and corruption on the list of top D&O risks.
-
The demise of the lender underlines concerns about global economic conditions and high interest rates.
-
D&O underwriters, as well as financial institution insurers supporting startups and venture capitalists, could have faced “financial distress” without government intervention.
Most Recent
-
Aon's McTear departs for Marsh contractor team
02 June 2023 -
SiriusPoint names Masojada as chair of board
02 June 2023 -
Everest Insurance appoints Maritzen as global CUO
01 June 2023
