News and thought leadership
Subscribe to our latest updates, reports and upcoming events. Subscribe >
From To
Subscribe to our latest updates, reports and events.
SubscribeShowing 1 - 10 of 104
Sort by
-
Article 24/02/2021
D&O Insurers win declaratory judgment via insured capacity exclusion
A recent decision by a New York trial court highlights the impact corporate structure has on the scope and availability of directors and officers (D&O) insurance. The Commercial Division of New York’s Supreme Court applied an insured capacity exclusion to preclude D&O coverage for American Realty Capital Properties and related entities (AR Capital) and their directors and officers. The opinion, issued on February 2, 2021, highlights the importance of confirming that alleged wrongful conduct was undertaken in an insured capacity for D&O coverage.
-
Article 23/02/2021
Brexit: the new status quo
The EU-UK Trade and Cooperation Agreement (TCA) provides the basis for further legal certainty to be agreed following the end of the transition period on 31 December 2020. It was, as we all saw, a fairly tortuous journey and securing a deal seemed impossible at times because both sides had very different aims in mind.
-
News 18/02/2021
Kennedys strengthens financial lines team in Latin America and Caribbean with key hire
-
Article 03/02/2021
Why D&I matters to D&O: exposures from diversity-driven lawsuits
A combination of recent events has forced issues of diversity and inclusion onto the boardroom agenda. As a result, company boards now face increased scrutiny from the public, regulators, legislators and shareholders alike. If well-established benefits of having a diverse workforce are not enough to make companies enact change, the increasing threat of expensive D&O litigation and new legislative initiatives could well be.
-
Article 01/02/2021
Delaware Supreme court limits D&O coverage for appraisal actions
The Delaware Supreme Court recently issued a decision that has the potential to significantly limit the availability of Directors and Officers (“D&O”) coverage for actions brought under Section 262 of Delaware General Corporation Law. Section 262 actions allow minority shareholders who opposed a merger—but were outvoted by a majority of other shareholders—to invoke a statutory appraisal process if they believe the merger price undervalued the company.
-
Article 29/01/2021
Climate-related stress testing, disclosure obligations, and the promotion of sustainability
Stress-testing for banks was first introduced as a response to the financial crisis in 2008/2009, and is used by the Bank of England to assess how banks can cope with severe economic scenarios in terms of capital requirements.
-
Report 29/01/2021
London Market forecast 2021
On the surface, the London Market enters 2021 looking very different to its 2020 version. Underwriting rooms lay empty, offices unoccupied, pubs eerily quiet. But beyond the physical stillness, this world leading hub has not paused for breath. Digital systems and solutions have taken centre stage as the London Market has responded to a seismic shift in working patterns and insurance risks.
-
Article 25/01/2021
Good Corporate Governance
-
Report 06/01/2021
COVID-19: what will it mean for the future of risk?
Our research identified five key risk themes that have implications and represent both challenges and opportunities for businesses, insurers, and wider society. This will assist in moving the conversation forward as we look beyond COVID-19, highlighting the important need to reshape the dynamic relationship between companies, households, and insurers.
-
Article 11/12/2020
Asset managers are not sufficiently reporting on climate risk, TCFD consultation finds
Hurricanes, severe flooding and destructive wildfire events have been steadily increasing both in terms of frequency and ferocity. It is generally accepted that the cause of this acceleration is global warming. Changes are being made around the world to move to a carbon-neutral or carbon-zero environment.