Professional indemnity
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The property picture improves but a casualty pricing deterioration accelerates. -
Carriers ordered to pay $40mn for Verizon's defence costs from a 2006 spin-off related securities claim.
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Weinstein sues Chubb for denying legal expense cover tied to alleged sexual assaults.
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SRCS plans to enhance E&S platform with financial and professional lines.
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The step by the US unit of Jardine Lloyd Thompson pushes the firm further into new markets following the addition of International Risk Consultants in February.
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Initiative targets financial, executive and professional large accounts for insurers.
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Executives share their views on pricing across primary and reinsurance lines in Q1.
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The appointment is the third major hire since management closed a Centerbridge-backed $952mn buyout from Sompo.
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US Risk Underwriters, a unit of P&C wholesaler US Risk, has set up a risk purchasing group to underwrite lawyers' professional liability coverage
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Marsh has appointed Paul Denny as UK financial and professional (Finpro) practice leader.
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Higher loss experience and increasing levels of litigation have led to restricted capacity for US directors' and officers' risks.
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Claims frequency involving directors-and-officers (D&O) liability coverage rose in 2017, but that trend has not led to firming prices, according to AM Best.
Most Recent
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Enstar Q1 net profit falls 58% to $50mn
02 May 2025 -
Daily Digest: Top news from 2 May
02 May 2025