Executive & D&O
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Brokerslink adds four new affiliates in eastern Europe
Brokerslink has added four new eastern European affiliates to extend its presence in Romania, Moldova, the Czech Republic, Slovakia, Bulgaria…
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Alta Signa names AIG’s Huidekoper D&O and FI manager in Benelux
MGA Alta Signa Europe has appointed Sytse Huidekoper from AIG as D&O and financial institutions manager in Benelux as it…
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Bankruptcy court rules SVB directors can tap into liability insurance
A federal bankruptcy court in New York ruled that directors and officers of SVB Financial Group, parent company of the…
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Market improving for buyers but nat cat property tough: Aon
Average insurance price increases stood between 1% and 10% across all global regions in Q1 2023 as upward rating pressure…
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US D&O market stabilises but relief may be short-lived: AM Best
The US D&O insurance market stabilised toward the end of 2022, after two years of hard market conditions, with pricing…
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UK D&O claims to rise following spike in insolvencies, warns RPC
Law firm RPC expects D&O insurance claims to rise in line with an increase in insolvencies and alleged misconduct against…
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Global law report highlights increased ESG scrutiny for insurers
The increased scrutiny of ESG strategies in many jurisdictions is impacting directors’, officers’ and financial institutions’ coverage, as well as…
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Rising Edge expands commercial D&O offering
Rising Edge, the financial lines specialist underwriting agency, has expanded its commercial D&O offering to include ancillary lines such as…
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Capacity issues remain for Swedish risk managers
Swedish risk managers are still struggling to get the capacity they need despite an apparent softening of the market. While…
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Cautious optimism for North American insurance buyers, says WTW
There are signs of cautious optimism in the North American insurance market and while the economic outlook for 2023 remains…
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Q1 commercial insurance price increases in the Americas dominated by property
Commercial insurance pricing in the Americas increased again in the first quarter of 2023, according to the Marsh Global Insurance Market…
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Insurance price rises moderate in Europe during Q1
Continental European commercial insurance prices rose by 5% in the first quarter of this year compared to 6% in each…
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Greenberg says P&C rates have ‘reaccelerated’
“World-class” underwriting results with an 86.3% combined ratio, record net investment income and life income that more than doubled, found…
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D&O liability concerns driven by cyber threats: WTW
Directors and officers ranked economic and cyber risks as the top concern for their business operations, according to a global…
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Berkley sees firming property market but large account D&O in ‘freefall’
Specialty carrier W R Berkley said that the US property market is in the early stages of a “meaningful hardening”…
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DUAL Europe appoints HDI’s Kegel to lead new Benelux team
DUAL Europe, part of international MGA DUAL, has created a Benelux team and appointed Peter Kegel as managing director from…
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Marsh ESG Risk Rating tool to help Asian firms get preferential D&O T&Cs
Companies in Asia can now be considered for preferred D&O liability insurance policy terms and conditions based on the strength…
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US cyber rates increase 15% in first quarter 2023
Commercial insurance rates rose in nearly all lines in the first quarter of 2023, with cyber liability and commercial property…
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Major change in insurers’ underwriting approach as reinsurance market hardens
There has been a major change in insurers’ underwriting approach in 2023 compared to last year, as a result of…
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Beazley revamps US public D&O wording
Specialist insurer Beazley has launched a new simplified primary US public D&O wording that includes enhanced pre-claims coverage, expanded side…