Executive & D&O
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US property market stabilises but concern over casualty loss trends
There has been a noticeable stabilisation in the US property marketplace during Q1 2024, according to WTW. Its Insurance Marketplace…
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New management liability policy from digital MGA Aurora
Aurora, a UK-based digital commercial insurance platform, has launched its second specialist offering – a management liability policy – in…
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Rates stay flat in Q1 for EMEA buyers but climb in Italy, Iberia and the Netherlands
Rates across the EMEA region averaged flat in the first quarter of 2024, according to Aon, although Italy, Iberia, the…
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Global market flattens out in Q1 as property sees first decreases: Aon
Pricing in the global insurance market finally flattened out in Q1 after a prolonged hardening period, with property buyers beginning…
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Swiss broker Kessler names head of special risks
Swiss broker and risk advisor Kessler, Marsh’s partner in the country, has appointed Sébastien Wyss as head of special risks,…
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Hiscox London market rates up 3% in Q1
Hiscox’s London market operations recorded a near 5% fall in written premiums to $317m during the first quarter despite stronger-than-expected…
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Aon introduces suite of risk analytic and financing tools
Aon has unveiled a suite of tools intended to help organisations analyse risks and decide how to structure their insurance…
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Swerma hands out graduate awards
A research paper on electricity disruption to critical infrastructure has been recognised by the Swedish risk management association (Swerma) The…
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Opposition mounts against UK regulator’s plans to publicise probes
Criticism of the UK financial regulator’s proposal to name firms and individuals under investigation for alleged misconduct intensified in the…
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US public D&O rate decreases accelerate to 30% in Q1: Aon
The average cost of $1m in D&O coverage for US public companies fell 29.9% from the year-ago period in the…
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Beazley grows premiums 7% in Q1 as overall rates flatten
Beazley booked premium growth of 7% for the first quarter of this year to $1.48bn after rate increased slowed to…
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European rates up overall but financial and cyber lines falling: Marsh
European insurance rates rose by a further 3% in the first quarter of 2024 across the board, but the softening…
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Rates fall in most regions during Q1 but rise in Europe and US: Marsh
Average commercial insurance rates fell in the UK, Asia, Canada and the Pacific during the first quarter of this year…
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Zurich North America names professional liability, cyber leader
Zurich North America has named Kara Higginbotham head of professional liability and cyber for US national accounts. Higginbotham, based in…
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Marsh tracks slowdown in global Q1 rate hikes
Marsh’s global insurance rate index increased 1% in the first quarter of this year, compared with 2% in Q4 2023,…
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US D&O rates stabilise, retention rates fall: Report
Both directors’ and officers’ liability rates and retentions decreased in 2023 for US buyers tracked by BRP Group in its…
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US commercial insurance rate hikes slow in Q1: MarketScout
Commercial US insurance rates rose an average of 3.9% in the first quarter of 2024, compared with 5.6% in the…
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AXA XL launches new lead DIC D&O policy
AXA XL’s Bermudan professional lines team has launched a new lead DIC directors and officers liability policy. The insurer said…
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Global D&O pricing down amid competition
The global D&O market will continue to be influenced by a multitude of factors, including geopolitical tensions, regulatory changes, technological…
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Cyber liability and D&O rise on list of German managers’ concerns
German managers continue to perceive cyber as the most significant liability risk for the next 12 months. The dangers of…