Directors & officers' (D&O)
Interview: Reg Brown - Been there, done that, got the t-shirt
Reg Brown has seen it all in more than half a century working in insurance, but the chairman of the Managing General Agents’ Association’s drive to improve the industry and inspire its next generation is stronger than ever.
Willis takes D&O cover down under
Willis has rolled out its Darcstar directors all risks cover across the Asia-Pacific region to Hong Kong, Singapore and Australia.
Willis launches D&O product in Asia-Pacific region
Willis has introduced its Darcstar directors all risks cover to Hong Kong, Singapore and Australia.
Competition keeps prices low for Italian PI
Italian legislation making professional indemnity insurance compulsory presents opportunities for insurers, but competition is keeping prices low, according to Davide Balloco, head of PI for Markel in Italy.
Allianz boosts financial lines team with Liberty hire
Elke Vagenede has been appointed as head of product development for financial lines at Allianz Global Corporate and Speciality.
EU and Asian insurers holding out on Chinese D&O cover
Fears of claims following low-price buy outs on the NYSE are making insurers think twice about offering D&O cover to listed Chinese companies.
Cooper Gay appoints new divisional director
Lloyd's broker Cooper Gay & Co has appointed Mike Fraser, pictured, as divisional director of the professional risks claims team.
D&O may fall short of covering directors for cyber risks
The expanding online universe has introduced new financial risks that may not be covered under general and professional liability insurance, including standard directors' and officers' policies, Willis Group Holdings has warned.
Cyber crime risks on the rise
Willis has warned that "ignorance is no defence" when it comes to ensuring that companies are protected against data breaches as the risk of cyber incidents increases.
Insurance regulatory regime takes hold in Hong Kong
As Europe moves towards increased regulation, Ann Leung explores how the trend for increasing corporate governance in Hong Kong is affecting regulation of the insurance industry.
European Union liability trends raise 'supra-national' challenges
UK Prime Minister David Cameron has hinted that he wants to rein in Europe's legislative power. Ralph Savage looks at the effects it is having on European insurers.
Webinar: Containing the contagion - watch on demand now
The 2011 film Contagion made for some pretty scary viewing as a virus spread across the world wiping out the population.
Willis extends Guernsey foothold
Willis has been issued with a full commercial lines licence to conduct insurance intermediary services in Guernsey.
Marsh issues warning over future D&O conditions
Buyers of directors and officers insurance have today been warned by Marsh to be on the lookout for a deterioration of favourable market conditions in the second half of the year.
MGA Dual expands with new Austrian office
Dual Group, the underwriting arm of Hyperion Insurance Group, has announced that Dual Austria will open its doors in Vienna on 1 July fronted by liability specialist Hannes Puchner.
XL launches five-strong product suite
The XL Group has today launched a suite of five products designed partly to respond directly to clients' concerns about clarity and certainty in the claims notification process.
O’Donnell replaces Robinson as Ace financial lines head
Timothy O'Donnell has been appointed executive vice president of financial lines for Ace's international insurance operations.
QBE wins Gallagher deal
QBE Europe has been appointed to underwrite public sector business for AJ Gallagher subsidiary RMP from 1 July.
MUM enters international market
Broker-only managing general agent Manchester Underwriting Management is entering the international market.
XN Financial gets FSA green light for UK
Florida firm XN Holdings has secured Financial Services Authority approval for its UK subsidiary XN Financial Services to write insurance in the UK.
Property rates to keep rising in the short term
Despite the absence of a major natural catastrophe in the first quarter, rates rose for catastrophe and non-catastrophe exposed risks in most geographies, according to a Marsh report.
XL Bermuda boosts D&O risks covered
XL Insurance (Bermuda) has boosted it D&O cover to pay for independent directors’ defence costs in the US under Sarbanes-Oxley and Dodd-Frank and the UK Bribery Act.
Lloyd's broker Paul Napier launches offshore financial services liability lines
Lloyd's broker Paul Napier has launched a suite of professional and financial lines products for the UK and international offshore financial services industry.
Argo Group launches first insurance SE in Malta
Argo Group International Holdings has formed a new insurance company in Malta - Argo Global SE – the first insurance Societas Europeas (SE) established in the country.