Executive & D&O
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Easier D&O renewals forecast if risk presented properly
Risk managers will hopefully have a less taxing experience during coming D&O renewals as capacity is returning to what was…
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UK financial services D&Os handed almost £200m in fines since 2020
Financial services director and officers (D&O) in the UK have been hit with more than £196m in large regulatory fines…
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Strong insurance pricing drives record profit at AXIS
There are few signs of an end to the hardening insurance market, based on record second-quarter operating results published by…
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Q2 rates up 28% in UK and 13% in Europe but hardening slows, finds Marsh
Commercial insurance prices increased 28% in the UK during the second quarter, the biggest rise of all regions globally, and…
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Global insurance rates up 15% in Q2 but hardening continues to slow: Marsh
Global commercial insurance rates were up 15% year on year in Q2 but the pace of change slowed for the…
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Dutch insurers must brace for post-pandemic claims
A leading Dutch insurance lawyer has predicted rising D&O and employers liability claims as the Netherlands government withdraws its range of Covid-19…
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UK businesses urged to work with EU’s new anti-money laundering body
The UK has been warned that it faces being left behind in the global fight against money laundering unless it…
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German car manufacturers fined €875m by EC for green technology ‘cartel’
German car manufacturers Daimler, BMW and Volkswagen, which includes Audi and Porsche, colluded to limit the development of green technology…
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D&O rate hikes moderate at 1 July as new capacity arrives
Directors and officers (D&O) liability insurance rates continued to rise at 1 July renewals, which are predominantly focused on the…
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Dieselgate claims exceed €9bn and still rising: GDV
The number of claims against car manufacturers for misrepresenting carbon dioxide emissions from diesel vehicles (known as dieselgate) keeps rising.…
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Agers calls for Spain to develop its own captive framework as market remains tough
One of Spain’s risk management associations has urged the authorities to develop legislation to make it easier for companies to…
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VW’s D&O insurers pay €270m in dieselgate settlement
Volkswagen’s D&O insurers will pay €270m in compensation as part of a €288m breach of duty settlement with former CEO…
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Financial and cyber lines MGA launched in US
A new managing general agency (MGA), initially focused on underwriting and claims management of financial and cyber lines of insurance…
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Managing the return to new normal
As the UK’s national vaccination rollout continues and the country moves closer to a planned June date for ending restrictions,…
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D&O MGA Rising Edge launches in London
D&O managing general agent (MGA) Rising Edge has launched in London, with the appointment of four key hires. The MGA…
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Gallagher to become fourth-biggest broker in Germany
A J Gallagher will become the fourth-largest broker in Germany by premiums handled after it completes the acquisition of various…
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Africa Specialty Risks launches liability capacity
Africa Specialty Risks (ASR) has launched liability capacity with the appointment of Martin Boreham as head of liability underwriting. The…
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Liberty targets growth in German PI business
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Christoph Paeßens as professional indemnity (PI) underwriting manager for…
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Firms overlook impact of emerging risks, finds Marsh resilience survey
Just 25% of global companies model the impact of emerging risks on their business, with major new threats and systemic…
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David Cameron ‘not aware’ of insurer’s notice to withdraw cover for Greensill Capital
Former UK Prime Minister David Cameron has said he was unaware that Greensill Capital’s insurers were not planning to renew…