Banking crisis may lead to US D&O market hardening
The high-profile federal takeover of two mid-sized US banks will create a ripple effect that could affect the cost and…
Directors likely to face ‘swathe of litigation’ over ESG risks
Increasing ESG risks are likely to result in a spike of claims against directors and drive further increases to insurance…
European insurance M&A hits record high in 2022
Investor appetite for European insurance assets hit a new record high in 2022, with a total of 435 deals recorded…
Cyber insurer CFC expands into SME professional liability and tech E&O
Specialty insurer CFC has expanded into professional liability and technology E&O lines after first launching protection for cyber and emerging…
European insurers expected to have low exposure to Credit Suisse bonds: DBRS Morningstar
Rating agency DBRS Morningstar said it will monitor the investment portfolios of European insurance companies following the sale of Credit…
MGA Corvus expands German cyber operation as part of central European push
Cyber MGA Corvus Insurance is expanding its Frankfurt, Germany team with new underwriters and a local head of cybersecurity, to…
Higher primary insurance rates likely as inflation persists: Swiss Re
Inflation may be easing, but claims severity in P&C insurance is set to remain and higher primary insurance rates are…
UK nat cat insured losses up to $800m in 2022, says Swiss Re
Insured nat cat losses in the UK stood at $800m last year, up from $700m in 2021, with economic losses…
