Tag Archives: D&O

First Half 2016 — Class actions are back . . . with a vengeance!

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As predicted in my A Perfect D&O Storm (February 2016), this year has seen some rough seas — at least from a D&O liability perspective. Securities class action filing activity grew to more than one-third higher than the 10-year securities … Continue reading →

Pesquisa: novas responsabilidades, órgãos reguladores, e as ameaças cibernéticas continuam tirando o sono dos diretores

Have you had experience of a claim or investigation involving a director of your company?

Publicamos os resultados de nossa quarta pesquisa anual de responsabilidades civis de diretores, realizada em conjunto com a empresa de direito internacional Allen & Overy. Continue reading →

A new insurance act comes into force–but it’s not that one!

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A lot has been written (not least by me) about the new Insurance Act which is due to come into force in August of this year.  It has rightly been described as one of the most important pieces of U.K. … Continue reading →

The Senior Managers Regime – Just a Matter of Doing the Right Thing?

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The Senior Managers’ Regime (SMR), due to come into force in March 2016, is the U.K. financial regulators’ response to widespread concern that bank executives were not held personally responsible for the huge losses of the financial crisis. Yet as … Continue reading →

Survey: New Liabilities, Fresh Scrutiny by Regulators, and Cyber Threats Keep Directors Awake at Night

Have you had experience of a claim or investigation involving a director of your company?

We publish today the results of our fourth annual survey of directors’ liabilities which we run together with international law firm Allen & Overy. Since we began publishing this series in 2011, directors in the U.K. have become personally liable … Continue reading →

A More Litigious China in Overseas Disputes

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In its competition with developed economies, China is ahead in some places and behind in others. But in one area they are catching up quickly: the use of class-action law suits in international disputes. Continue reading →

Guide to Directors & Officers Liability Insurance for Financial Institutions

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D&O insurance policies offer liability coverage for managers to protect them from claims that may arise when acting in the scope of their managerial duties. Continue reading →

First Look: Inflated Risk From The New DOL Fiduciary Standard Conundrums

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The key question facing today’s financial services firms is how to assess and mitigate risks from the Department of Labor’s (DOL) expanded definition of “investment advice fiduciary” under the Employee Retirement Income Security Act of 1974 (ERISA). The common theme … Continue reading →

The Perils of a Professional Indemnity Exclusion in a D&O Policy

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Where is the line drawn between directors and officers (D&O) insurance and professional indemnity insurance? The question is important not just for companies that purchase both forms of insurance but also for those who buy D&O insurance alone but nevertheless … Continue reading →

Chief Risk Officer 3.0: Darwinism at Work

CRO Darwininsm

The role of the chief risk officer (CRO) in European insurance companies has evolved quickly in the last 20 years. Now, I believe that the passage of Solvency II is moving the goalposts again. Continue reading →