D&O Insurance Market Sees Strong Results but Faces Uncertainty
The directors and officers (D&O) insurance market has experienced favorable results in recent years, but ongoing risks and market uncertainties could challenge sustainability
Liability insurance
Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the “insured”) from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
Originally, individual companies that faced a common peril formed a group and created a self-help fund out of which to pay compensation should any member incur loss (in other words, a mutual insurance arrangement). The modern system relies on dedicated carriers, usually for-profit, to offer protection against specified perils in consideration of a premium.
Liability insurance is designed to offer specific protection against third-party insurance claims, i.e., payment is not typically made to the insured, but rather to someone suffering loss who is not a party to the insurance contract. In general, damage caused intentionally as well as contractual liability are not covered under liability insurance policies. When a claim is made, the insurance carrier has the duty (and right) to defend the insured.
Mandatory Liability Insurance for Gun Owners in the United States
Will requiring insurance for gun owners reduce firearm-related violence and economic costs, or will it be struck down as an unconstitutional restriction on Second Amendment rights?
U.S. D&O Insurance Market Underwriting Results 2024
Underwriters in the Directors & Officers (D&O) insurance sector in 2024 continue to benefit from significant price hikes and refined market practices adopted between 2019 and 2021
Dog Bite Liability Insurance Review: Claims & U.S.Legislation
Insurance policies often cover dog bite liability, providing financial protection for the owner against claims from bites or other injuries caused by their dog
Impact of Economic Inflation for US Liability Insurance Claims
US liability claims costs have risen by an annual average of 16% over the last five years, well above average rates of economic inflation at around 4%
Personal & Commercial Auto Liability Insurance in the US. Impact of Inflation
Inflationary trends in auto liability insurance, personal and commercial combined, drove loss and defense containment costs between $96 bn and $105 bn higher
U.S. D&O Liability Insurance Continued to Generate Loss
The U.S. directors & officers (D&O) liability insurance segment continued to generate favorable loss ratios
Global Medical Professional Liability Insurance Market Review
The global medical professional liability insurance market was valued at $14.5 bn in 2023, and is projected to reach $33.7 bn by 2031, growing at a CAGR of 10.8%
5 Most Important Cybersecurity Controls & Cyber Liability Insurance
Here are 5 of the most important security controls you should have in place to reduce the risk of a cyber incident and, ultimately, lower the risk for your insurer
How to Reduce the Premium in Car Insurance & Third-Party Liability Insurance?
While the former insurance covers any damage or injury incurred by a third party in case of an accident, the latter insures the damage suffered by your car
New growth trends of Cyber Liability Insurance Market
Direct premiums written in the cyber liability insurance market continued to grow in 2022-2024, seeing a 75% increase, far outpacing that of the overall property/casualty insurance
U.S. cyber insurance renewal premium rates in 2025 have declined year over year for the past three quarters and are expected to remain under pressure
UK life insurers are poised to continue benefitting from strong bulk annuity volumes in 2025 despite potential challenges from regulatory changes
Global insured losses from natural disaster events in Q1 2025 were preliminarily estimated to reach at least $53 bn, the highest Q1 insured losses since Q1 2011 ($81 bn)
Wildfire-related directors and officers (D&O) lawsuits represent a growing category of event-driven shareholder litigation. These insurance claims arise from major environmental