London-based D&O writers have “woken up” to the threat of creeping claims frequency and severity, sources said.
The broker presents a unique opportunity for a variety of potential buyers, but the prospects of Pioneer are less favourable.
Both early reporting companies reported positive data points on rate and growth.
The decision is the first judicial guidance about how primary carriers must present such liabilities.
The PRA is right to act on climate change risk, but devising the correct response will test carriers’ prophetic powers.
Initial guidance on the latest Residential Re transaction points to a spread well above comparable deals.