Executive & D&O
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European multinationals suffering worst in hard market but capital influx offers hope
Multinational European companies with exposures in the US and Asia are being hit harder by tough commercial insurance conditions than…
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AXA XL makes appointments to new regional units
AXA XL Insurance has announced new appointments for its business divisions following the recent launch of its regional operating model,…
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Senior finpro appointments at Swiss Re Corporate Solutions
Swiss Re Corporate Solutions has made three leadership appointments in its financial and professional services (finpro) underwriting team. Laura Coppola…
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Global programmes offer protection from tough market but smoothing now harder to come by
Global programmes offer risk managers the chance to spread risk and smooth some of the difficulties they face in the…
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European D&O market set for further hardening as Covid-19 reinforces tough conditions
European D&O insurance buyers now face a hard market and should brace for further increases at renewals, brokers and insurers…
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BHSI continues European push with French FI expansion
Berkshire Hathaway Specialty Insurance (BHSI) is entering the French executive and professional lines market, appointing Olivier Hamon as head of…
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Prepare early for tough renewals, Narim members told
Herman Kerremans, CEO at Howden Belgium, has advised Dutch risk managers to focus on supplying the best and most transparent…
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Dutch risk managers advised to focus on risk management as market hardens
Narim members must focus on loss prevention and risk management more than ever before as they face up to what…
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‘Grave’ market dissatisfaction as growing number of Airmic members fail to get cover
A new Airmic member survey reveals “grave” dissatisfaction with the hardening insurance market as buyers increasingly fail to get cover,…
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UK D&O market set to become even tougher as Covid-19 bites
UK companies should brace for yet further rises in the cost of directors and officers (D&O) insurance, despite already suffering…
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US social inflation will drive continued casualty hardening in 2020: Jefferies
The closure of US courts because of the Covid-19 crisis has not halted the rise in social inflation and securities…
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New Dawn Risk expands in Asia with SpecialistRe partnership
London market broker New Dawn Risk Group is to enter a new partnership with Singapore-based SpecialistRe, which it said will…
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Companies increasingly turning to captives for D&O protection as market hardens
The hard directors and officers (D&O) insurance market is leading a growing number of companies to place the risk in…
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Market to harden into 2021 as concern mounts over pace of change
Experts predict that commercial insurance market hardening is set to continue through January 1 renewals and well into 2021 as…
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M&A ‘deep freeze’ to thaw in Q4 2020: WTW
Merger and acquisition (M&A) activity is likely to pick up pace in the fourth quarter of 2020 after a Covid-19…
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German insurers defend price rises after years of losses
Leading German industrial insurers used a panel debate at the close of last week’s virtual GVNW Symposium to justify rising…
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Insurers attacked for sudden loss of cyber capacity
German risk managers are not happy with the reduction in capacity, rising prices and new exclusions for cyber coverage that…
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Insurers warn of ‘unsustainable’ solicitors’ PI cover over unpaid premiums
Insurers must have the right to cancel professional indemnity (PI) cover for UK solicitors if premiums are not paid, or…
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Ed appoints Head to professional and executive risk team
Ed has hired John Head as a broker and producer in its professional and executive risk team. Mr Head joins…
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Average rates up between 11% and 30% in Q2 as gap between supply and demand grows: Aon
Rates continue to harden across the global insurance market with average rises between 11% and 30% in the second quarter,…