Executive & D&O
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Rates up 4% in Q4 as moderation trend continued: Marsh
Average global commercial insurance rates rose by 4% in Q4 2022 as prices increased for the 21st consecutive quarter but…
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Beazley offers private equity D&O liability policy
A new private equity D&O liability insurance product has been launched by Beazley. According to the insurer, it focuses on…
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Airmic members say rate increases continue to slow with first signs of softening
Airmic said its latest member survey reveals continued “green shoots” for insurance buyers as rate increases slow and some risk…
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US casualty market more competitive, but property still challenging, says USI
Hurricane Ian shattered the hope for a swift return to a more stable insurance market environment in the US property…
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Clyde & Co to launch in Italy
Law firm Clyde & Co is expanding in Europe with the launch of an office in Italy after hiring Leonardo…
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D&O rates in US fall faster than expected as capacity increases
D&O liability insurance buyers with US exposures continued to see rate decreases during 1 January renewals, fuelled by significant capacity…
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D&O solution launched with ESG assessment for funds
A new solution providing D&O coverage for funds that factors ESG credentials into the insurance risk assessment has been launched…
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US commercial insurance rates rise 5.1% in Q4: MarketScout
The composite rate for US commercial insurance was up 5.1% in the fourth quarter of 2022, according to a report…
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New UK head of executive & professional lines at Berkshire Hathaway Specialty Insurance
Jess Kirby has been appointed as UK head of executive & professional lines at Berkshire Hathaway Specialty Insurance (BHSI). She…
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Some rates will stabilise in US but bad risks face hikes
While rates are stabilising for some P&C buyers in the US, organisations with less favourable risk profiles or challenging loss…
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Time to get back on the front foot
This has been quite a year for the European and global risk and insurance management community, and I am sure…
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US insurers trying to keep rates in line with loss costs, says Gallagher
The US commercial market will be much like last year with the exception of property, according to Gallagher. US carriers…
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Kidnap and ransom specialist joins Great American Insurance
Great American Insurance has appointed Kevin Henry as a divisional assistant vice president within its fidelity/crime division. According to the…
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Insurance buyers should take advantage of D&O market now, says Aon
The global D&O insurance market is experiencing clear and consistent signs of softening, with better pricing, broader terms and greater…
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US P&C market more competitive than in recent years, says Lockton
Conditions across many major lines in the US, including D&O liability, cyber and umbrella/excess liability are better for buyers and…
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German credit insurers brace for spike in corporate insolvencies
German surety and credit insurers are reporting rising defaults on payments, up almost 50% in 2022 compared to 2021, and…
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Stable pricing in Asia-Pacific and the Americas with focus on risk quality, says Aon
Pricing stabilised for most lines in Asia-Pacific, North America and Latin America in the third quarter of 2022, despite bigger…
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Conflict on the rise over EU’s focus on the ‘S’ in ESG
Brussels-based European business confederation BusinessEurope is “deeply concerned” about what it describes as the “overly detailed and prescriptive” requirements that…
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ESG-related litigation on the rise in Europe
Corporate Europe has been far more successful in its efforts to resist the kind of litigation persistently faced by its…
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Two-tier market in play despite more stability for many buyers: Aon
The global commercial insurance market stabilised in most regions during Q3, with average rate increases between 1% and 10%, according…