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D&O underwriters, as well as financial institution insurers supporting startups and venture capitalists, could have faced “financial distress” without government intervention. -
Costs of defending and settling lawsuits are likely to fall on the bank’s D&O insurers.
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Though insurers are not heavily invested in Silicon Valley Bank, Signature Bank, or in other regional banks at risk of contagion, the developing macroeconomic situation could impact P&C carriers more significantly.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The FDIC said that as of December 31, 2022, the bank had approximately $209bn in total assets and about $175.4bn in total deposits.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Experts at the Plus D&O symposium took a deep dive into the issues and uncertainties affecting the D&O market as rates soften.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The market has quickly moved away from dramatic hardening in 2020 and 2021 following an influx of capacity.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Chubb’s balanced view of the market as a whole, and pricing and loss cost trends in particular, puts it ahead of the curve on value creation, despite a difficult economic backdrop.
