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GDP drops haven’t guaranteed RoE declines, and the yield curve is inversely correlated with industry P/B. -
Inside P&C’s morning summary of the key stories to get you up to speed fast.
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On the property side, the costs for rebuilding a structure continue to climb and could prove to be prohibitive.
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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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A Howden report on the D&O market shows that clients “heavily penalised” for Covid-19 exposures have seen “meaningful rate reductions”.
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The figure marks a slowdown from the last three quarters, when price increases registered at 3.7% in Q4, 7.3% in Q3 and 14.2% in Q2 2021.
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Inside P&C’s news team canters through the week’s key developments.
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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.
