All D&O articles
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NewsEconomic and cyber risks lead global D&O priorities – WTW, Clyde & Co
Data losses and ransomware are top legal concerns for company directors, according to WTW and Clyde & Co’s Directors’ and Officers’ Liability Survey Report 2023.
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NewsSVB collapse was near miss for D&O writers - AM Best
The banking failure emphasises the importance of a robust risk management structure, especially for annuity writers
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NewsGallagher buys crisis and risk management consultancy
AnotherDay provides crisis expertise across political risk/political violence, D&O and criminality, and cyber
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NewsRe/insurers adapt underwriting to better price climate risks
Conduct risks such as ‘greenwashing’ stand to be major source of environmental liability claims
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NewsNexus establishes financial lines division at Lloyd’s
Box 358 at Lloyd’s will be manned by James Rasmussen, MD of Nexus Frontier and Alex Mobbs, senior underwriter and Nexus co-founder
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NewsBeazley launches D&O solution for crypto companies
Crypto firms face a myriad of risks from extreme volatility to a lack of regulation
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NewsInsurers face rising ESG concerns
ESG reputation could become as important as product, service and price
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NewsUS D&O market posts best results since 2014
Rate hikes exceeding 10% per quarter fuelled direct premium growth of 35% to $14.6 billion
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NewsWorld’s first crypto reinsurer launches
Relm II can accept both fiat and crypto as collateral and is domiciled in Bermuda
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NewsInsolvencies, ESG and cyber are key risks for D&Os in 2022
Risk managers and their D&O insurers should also closely monitor potential exposures to US derivative actions, warns AGCS
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NewsAllianz boosts D&O offering
The insurer has boosted its D&O offering after legislation and regulation tops business concerns
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NewsRegulatory bodies hit financial services D&Os with fines in the millions – BLM
A lack of cover for regulatory fines creates ‘a double-edged sword’ for company directors and officers
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NewsRegulatory scrutiny, lawsuits over SPAC transactions fuel D&O insurance sticker shock
Companies going public through a merger with a special purpose acquisition company, or SPAC, are facing skyrocketing premiums for directors and officers’ liability coverage due to the higher risk of litigation and increased regulatory scrutiny.
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NewsApplied Underwriters’ expansion continues with launch of US based D&O Division
Steve Menzies, CEO of Applied Underwriters, today announced the creation of a US based division of its Applied Financial Lines business unit to provide a variety of D O coverages in the US under the direction of newly named President of the Division, Stephen McGill.
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NewsBerkshire Hathaway Specialty Insurance Introduces D&O Liability and Professional Indemnity Policies in Dubai
Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has finalized proprietary Directors Officers (D O) Liability and Professional Indemnity (PI) policy wordings for customers in the UAE and throughout the Middle East.
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NewsSompo International Expands Management Assurance Policy to Include D&O Insurance for Public Companies
Sompo International Holdings today announced a new Directors and Officers Liability (“D O”) insurance policy form for publicly traded companies. Supported by a growing team of experienced underwriting and claims professionals and backed by excellent financial strength, Sompo International continues to be a trusted insurance partner for publicly traded companies ...
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NewsSenior level decisions amid Covid-19 could spark fresh class action
Marsh discussed some exclusions that may arise and legal issues during its briefing on the pandemic last week