Former Wirecard Executives in the Dock as Germany’s Biggest Fraud Trial Begins December 6, 2022 By Jörn Poltz and Christian Kraemer Former Wirecard executives go on trial on Thursday, two years after the collapse of the payments company that produced Germany’s...
Berkshire Hathaway Specialty Insurance Introduces D&O Insurance Policy in France June 14, 2022 Berkshire Hathaway Specialty Insurance (BHSI) announced it has introduced a proprietary directors & officers insurance policy in France. “Our new...
Europe’s Top Court Rules Against Compensation for Banco Popular Investors May 6, 2022 By Jesús Aguado Europe’s top court said on Thursday that Banco Popular shareholders who took part in its capital increase in 2016 are...
Credit Suisse Shareholders Advised Against Clearing Board of 2020 Liability April 13, 2022 By Brenna Hughes Neghaiwi and Oliver Hirt Proxy advisers Glass Lewis and ISS have recommended Credit Suisse’s shareholders vote against discharging the bank’s board and management from...
Some Credit Suisse Investors Do Not Want to Absolve Execs for Greensill Losses: FT March 28, 2022 Some shareholders in Credit Suisse do not want the bank to hold a vote in the annual meeting on absolving...
Startup MGA Rising Edge Targets Low-Layer D&O Business February 24, 2022 By L.S. Howard The co-founders of London-based Rising Edge aimed to create something different when they decided to launch a managing general agent...
Airbus Faces €300 Million Lawsuit From Group of Investors Over Bribery Scandal January 7, 2022 By Ellen Milligan and Charlotte Ryan Airbus SE is facing a 300 million euro ($340 million) lawsuit from a group of investors over allegations it failed...
Specialist D&O MGA Banyan Risk Expands Into Canadian Market December 22, 2021 Banyan Risk Ltd., the managing general agent (MGA) that launched in Bermuda this year, is expanding its operations into Canada....
Global Commercial Insurance Rates Rise 15% in Q3 as Moderation Continues: Marsh October 26, 2021 Global commercial insurance prices increased 15% in the third quarter of 2021, which was the same rate of increase recorded...
Twitter Agrees to Pay $810M to Settle Shareholder Lawsuit Over Growth Prospects September 20, 2021 By Molly Schuetz and Robert Burnson Twitter Inc. agreed to pay $809.5 million to settle a shareholder class action lawsuit that accused the social media company...