Global Economy
COVID-19 Accelerates D&O Transformation Already Underway
Rates for the struggling Directors and Officers insurance market jumped by 44 percent in the 2020 first quarter. Expect that market hardening trend to continue for some time, with increases likely to ...
Swiss Will Vote on Companies’ Global Liability for Rights Abuses
Swiss voters look set to get the final say on whether Swiss-based companies should be liable for human rights abuses and environmental violations in operations even outside Switzerland. As consumers ...
With the COVID-19 Crisis, Global Insurers Pulled Firmly Into Uncharted Territory
Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift. The long-awaited 32nd Olympic Games. The list of canned ...
The Latest Launches From Zurich, Aon and Neptune Flood
Zurich Insurance Group launched a new legal panel to provide advice on managing large and complex claims across Europe, the Middle East and Africa. Aon is partnering with cybersecurity company GK8 to ...
Oil Companies Are Paying Big to Bolster D&O Coverage
The U.S. oil and gas industry is paying a hefty price to protect its top brass against potential bankruptcy and investor lawsuits. Oil companies are shelling out as much as 75% more to renew ...
The Latest Launches From Nationwide/Bold Penguin and Munich Re
Nationwide and Bold Penguin are testing an independent agent-facing commercial insurance quoting and selling platform. Munich Re Specialty Insurance (MRSI) released a Miscellaneous Professional ...
Global Investors, Politicians Spied on by Little-Known Indian Cyber Firm
A little-known Indian IT firm offered its hacking services to help clients spy on more than 10,000 email accounts over a period of seven years. New Delhi-based BellTroX InfoTech Services targeted ...
The Latest Launches From Praedicat and BHSI
Praedicat is debuting COVI19 litigation scenarios and a COVID-19 litigation tracker designed to help clients manage their exposure on casualty lines of business. Berkshire Hathaway Specialty ...