Directors & officers’ (D&O)
Myners scraps Class Action plan in rush to get Financial Services Bill through
The Government has dropped its controversial plans in the Financial Services Bill to allow class actions against financial institutions.
Torus enters UK financial lines with new underwriting agency
Torus UK has entered into the financial lines marketplace in London through a newly formed underwriting agency Torus Executive Risks.
The Post Europe Interview: Maurizio Castelli
Maurizio Castelli, Managing Director for Italy at XL Insurance answers Post Europe's questions.
US class-action securities lawsuits rose 39% in 2009
Settlements rose 39% in 2009, according to a study by Stanford Law School and Cornerstone Research, less than feared by many US D&O insurers.
Aviva launches media insurance product
Insurance giant Aviva has launched a specialis product offering protection for media firms.
Q&A - Markel
In the latest of a regular focus on European insurance companies and brokers, Insurance Insight talks to Esteban Manzano, managing director, Markel Spain.
PYV launches investment fund division
Lloyd’s professional indemnity insurance broker launches business unit to offer bespoke insurance products and services for traditional and alternative funds.
Marsh sees trade credit rates increase up to 50% across Europe
Increases in financial institutions' insurance ranged from more than 40% to 50% in Turkey, to 10% in Switzerland and South Africa. In the UK and Ireland, increases ranged from 10% to 30%.
Allianz Global enters D&O market
Allianz Global Corporate & Specialty is expanding into commercial directors' and officers' following its market entry into professional indemnity in 2009.
D&O expert joins Marsh from Chartis
Marsh has appointed Eleni Petros as a senior vice president in its financial and professional practice.
Directors' & Officers' - economic impact: Bitten by the risks?
The credit crunch threatens to bring a rise in directors' and officers' claims. Jane Bernstein investigates whether this threat is becoming a reality and how this is affecting sales of the product.
Bluefin to provide D&O scheme for Biba members
New policy to be underwritten by Ace
Dual raids Brit for underwriting boss
Exec chair Russell Kilpatrick welcomes Jenny Martin to group.
Novae places subsidiary into run-off
Novae to look for a company to run off its D&O business, while placing subsidiary NICL in run-off.
HCC to merge Lloyd’s syndicates
Approval granted for 4040 and 4141 tie-up
APC launches into SME D&O market
Coleman joins from Lloyd's to help build book.
IPO and capital raising activity behind surge in specialist D&O cover
Marsh creates an insurance D&O facility to meet these challenges.
CFC broadens SME product range
Underwriting agency offers management liability cover for first time
Dual develops new wordings for investment managers
Executive chairman Kilpatrick says the product is evolving to meet clients' needs.
D&O insurance sector continues to resist rate increases
The average premium for commercial business fell 5% in the second quarter according to research by Willis.
US casualty rates worrying reinsurance market- KBW
The US casualty market is worrying the reinsurance market, Keefe, Bruyette & Woods have said.
State of the Union
US reinsurers' financial institutions and directors' and officers' books are in for a hard year but surprisingly few players are looking to make significant moves away from these areas, writes Katherine Blackler.