Executive & D&O
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Charles Taylor launches specialty lines practice
Insurance services and claims firm Charles Taylor has launched a specialty lines practice, which will be led by Laetitia Fouquet…
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US D&O increases moderating but SPAC IPOs causing concern
Most US companies continue to experience increases in total cost and retention on their D&O programmes in 2021, but the…
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Cost of UK D&O cover more than doubled in H1 but rises may have peaked: Marsh
UK buyers of D&O liability insurance faced a 110% jump in the cost of premiums during the first half of…
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Hiscox doesn’t have to cover legal fees in dismissed US whistleblower case
A company that faced significant legal fees stemming from a whistleblower lawsuit that was ultimately dismissed does not have coverage…
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Policyholder firm Fenchurch Law appoints new associate as disputes rise
Fenchurch Law, which works exclusively for policyholders and brokers, has appointed Anthony McGeough as associate from Edwin Coe, in response…
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Generali ready to support corporates through recovery phase
Generali Global Business Lines is composed of two units: Generali Global Corporate & Commercial (GC&C) and Generali Employee Benefits (GEB),…
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BMS appoints financial lines executives in Australia
Guy Van Dugteren has been appointed as national claims and technical manager, financial lines at BMS in Australia. Additionally, BMS…
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Case delays could add to D&O settlements in US
A backlog of cases filed against directors and officers in the US that worsened during the Covid-19 pandemic is clearing,…
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Price rises for US commercial cover continued to ease in Q2: Willis
US commercial insurance price increases continued to ease in the second quarter of 2021 to an average of 6%, though…
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SiriusPoint provides underwriting capacity for startup insurer Vouch
Specialty (re)insurer SiriusPoint has partnered with Vouch Insurance, a new insurance platform for startups, to provide multi-year underwriting capacity to…
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D&O MGA Rising Edge hires Owen Dacey as head of claims
London-based specialist D&O MGA Rising Edge has appointed Owen Dacey as head of claims. Mr Dacey joins Rising Edge, which…
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GVNW’s Mahnke renews call for state-backed solutions for systemic risks
Alexander Mahnke, chairman of the German risk and insurance managers’ association GVNW, has renewed calls for a public-private partnership (PPP)…
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Lloyd’s rebounds to £1.43bn profit after underwriting ‘turnaround’
Lloyd’s has reported profit of £1.43bn for the first half of this year from a loss of £438m, after underwriting…
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Judge rules Boeing’s directors must face shareholder action for Max plane crashes
A US judge has ruled that shareholders can pursue Boeing’s directors following two fatal crashes involving its 737 Max plane,…
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IGI Labuan appoints Asia-Pacific financial and professional lines underwriter
Manpreet Kaur Gill has been appointed to the role of Asia-Pacific financial and professional lines underwriter at IGI Labuan. She…
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GVNW members must brace for ‘challenging’ cyber and D&O renewals: Krause
The recent catastrophic losses suffered by German insurers will help to ensure that German corporate insurance managers will continue to…
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Indemnity Legal boosts policyholder team with Curran hire and new office
Boutique law firm Indemnity legal has hired policyholder insurance litigation specialist John Curran as partner from Fenchurch Law and is…
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Amwins’ US report highlights ‘dynamic’ insurance market
The US property and casualty insurance market continues to be dynamic, with a deceleration in the rate environment in some…
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More positive outlook for Australian insurance buyers, says Marsh
The general outlook for insurance buyers in the Australian insurance market is more positive as we move into the second…
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Pandemic raises third-party risks for global firms, finds Refinitiv survey
Global companies have taken compliance shortcuts as they bow under the weight of pressures from Covid-19, found a new survey…