Insights
There is always something exciting happening at Lockton. Here are just a few from our newsroom.
Rising premium for directors’ and officers’ (D&O) liability insurance in 2020 and 2021 has attracted new players to the market, which are now competing against the established D&O insurance providers. The background It took D&O insurers quite some time and effort to bring the market to a level that …
The recent conflict between Russia and Ukraine and the potentially related cyberattacks have brought heightened focus on war exclusions in cyber insurance policies. The applicability of the exclusion to any claim depends entirely on the language of the policy and the factual circumstances of the …
The recall market saw a steady 2021 and the signs of a continued healthy price competition going into 2022 are good, with new insurers keen to enter the space. Insurers are looking to expand capacity for product recall protection as they consider the area attractive from a profitability perspective …
Digital assets are being rapidly adopted as investors and businesses alike continue to recognize their appeal. Although digital assets are still considered a highly speculative asset class, their mainstreaming in 2022 — characterized by greater regulatory clarity, digital asset industry consolida …
Building with wood offers a range of advantages, from environmental benefits to efficiency gains. However, insurers have become increasingly aware of, and concerned about, the additional risks presented by wood-frame buildings that need to be addressed. Wood-frame or timber construction is argua …
Reinsurers encountered a tough retrocession market at 1/1 renewals, driven by a series of natural catastrophe losses in 2021, and indicating the need for adjustments in the insurance value chain. When looking to diversify the portfolio risk by sharing it with other players through retrocession, rein …
