-
Sector posts profit in 2018 but mounting concerns mean challenges are on the horizon.
-
EC3 execs described low-to-mid single-digit increases on average, with aviation, property D&F and PI rates pushing higher.
-
“Distressed” D&O market pushes for correction as professional indemnity notches up double-digit rate increases.
-
Mark Wood, Sarah Hughes and Adam Codrington will all join the David Howden-led firm.
-
Arguments were held Monday before the US Supreme Court in a case that could open the door to more lawsuits and D&O claims.
-
Jonathan Kennett will lead the operation following the fusion of the UK and Ireland and Chubb Global Markets teams.
-
The planned disposal would be the latest in a series of run-off sales at the global insurer.
-
The executive replaces Steve Redding, who left Antares to join Volante.
-
The increase to £350,000 per claim and the widening of the pool of those eligible for compensation could push up the cost of professional indemnity insurance.
-
The Australian Royal Commission into financial services misconduct has led to withdrawal of local capacity
-
Howard Friedman will leave his leadership role but will continue working at ProAssurance.
-
Aside from the noise around elevated catastrophes and lacklustre renewals, Q4 underlying loss ratios continued to rise.