The price of directors' and officers' (D&O) coverage fell for the 17th quarter in a row in Q3 despite the threat posed by near-record levels of legal activity, which could increase claims
The onslaught of catastrophes in the third quarter could serve as a springboard for commercial rate hikes in the US, if commentary by early reporter and industry bellwether Travelers is anything to go by.
A review of Hamilton Re’s A- rating has ended at AM Best, which affirmed the carrier’s A- financial strength rating after the Bermudian’s parent company named a permanent CEO and completed the sale of its US insurance operation to AIG.
