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The broker said a dearth of IPOs had created a “buoyant environment”, with both start-ups and incumbents competing. -
Even if venture debt has always been around, sources said InsurTechs are approaching the market in different ways, as they struggle to raise equity rounds at attractive valuations.
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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 business line’s premium increases this year were less pronounced than in 2021, when quarterly renewals were in the 50%-200% range.
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Inside P&C’s news team runs you through the key highlights of the week.
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In Q3, 46% of primary policies renewing with the same limit and deductible received a price decrease, while 16% received a price increase, according to Aon.
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The declining number of IPOs has reduced demand for public D&O cover and created competition, but current rates may not adequately price the risk, the executive said.
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The 222-page complaint describes fraud committed against various carriers, including Zurich, Tokio Marine and Everest in surety, D&O and homeowners’ insurance programs.
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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 shift impacted IPO, life science and technology companies the most – those that were hit hardest by the upward D&O insurance pricing trends in years past.
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Inside P&C’s news team runs you through the key highlights of the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
