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Inside P&C’s news team canters through the week’s key developments. -
Conditions for SPAC D&O are likely to remain turbulent, amid the heightened SEC scrutiny and uncertainty concerning claims resolution.
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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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Cyberattacks and data losses were the top risks with 65% and 63%, respectively, followed by cyber extortion and regulatory threats with 59% and 49%.
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The executive – whose new venture wrote $230mn last year – is skeptical about the long-term future of MGAs in the D&O and casualty spaces.
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Two more vehicle tech companies face SPAC-related securities suits.
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The specialty insurer’s premium income grew from $457mn in 2020 to $1.8bn in 2021, and $2.1bn including Lancer.
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Inside P&C’s news team runs you through the key developments from the past week.
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Experts at the PLUS D&O symposium took a deep dive into the issues and uncertainties affecting SPAC deals.
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The start-up said its survey shows that SPAC and de-SPAC claims would drive increasing litigation throughout 2022.
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While the report categorized auto as “challenging” overall, cyber remains the most problematic, with Aon predicting that rate pressure will continue for at least the first half of 2022.
