The industry enjoyed a benign hurricane season in 2006, but the same cannot be expected in 2007 warns Dr Steve Smith. Warmer sea temperatures and natural weather patterns are likely to cause an above average storm season this year.
Two recent cases have highlighted potential issues associated with an insurer’s requirement to notify its reinsurer in D&O claims. Colin Peck outlines the dangers for reinsurers of using standard notification clauses
With the industry preparing to adopt the FSA’s principles-based approach to regulation, Colin Smith, James Schacht and Lynne Prescott Hepler look at its feasibility and ask if such a scheme could work in the US
Apart from the high profile case of the NatWest Three, D&O cases rarely hit the headlines. But the sector remains a hotbed of activity, with the equity market boom and new laws driving current trends, explains Adam Codrington
The issue of broker transparency is now firmly back in the spotlight with the industry anticipating another regulatory crackdown, this time at the hands of the European Commission. Richard Bucknall and David Margrett suggest the best way forward.