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Portfolios of clients of varying size in the same region aggregate more risk.
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Small and medium businesses now comprise 45% of cyber market exposure.
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Negotiations come after Insurance Insider US revealed that the Bermudian was running an auction.
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Included is the full utilization of $25mn available under its cat aggregate treaty.
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Civil case, nuclear verdict and claims count data show worrying trends.
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The lawsuit demands coverage from insurers following opioid and product liability-related settlements.
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Predicted market pricing corrections have yet to be seen broadly.
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The promoted employees have all been with BHSI’s Singapore offices for years.
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States are grappling with first responder claims litigation as some move to expand presumptions to more worker types.
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The figure represents a quarterly increase of 102%.
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While the alleged fraud is shocking, could it suggest the industry is under-investing in claims?