The level of filing activity in the US has been at record highs in recent years with over 400 filings in both 2017 and 2018, almost double the average number of the preceding two decades. Find Allianz in your own country/region. AGCS has seen double digit growth in the number of claims it has received over the past five years.

We provide liability insurance to cover companies of all sizes from liability claims. Expert risk article Global | Press release

Here are some global and regional trends which AGCS anticipates will continue to impact financial institutions and the financial institutions (FI) insurance market. With global law firm, Clyde & Co, AGCS has compiled a risk map in the Industrial insurer Allianz Global Corporate & Specialty (AGCS) has identified the risk trends directors and officers (D&O) should watch out for next year. How does D&O insurance work? AGCS expects to see increased insolvencies, which may potentially translate into D&O claims. The risk scenarios covered include prospectus liability, pension trust liability and employment practices liability. The social media temperature of a company is a factor examined by D&O underwriters to gauge reputational views.litigation funding now becoming a global investment class, attracting investors hurt by years of low interest rates searching for higher returns – a 2016 study indicated average return on investment (ROI) to be around 36% annually. Against the backdrop of this risk landscape, many directors are recognising the benefits of taking out Directors & Officers (D&O insurance). Global Offices India and parts of the Middle East are predicted to be future hotspots. Shanil Williams is appointed AGCS Global Head of Financial Lines effective November 15, 2019. More litigation coming from “bad news” to the Allianz Risk Barometer 2019 survey of customers and Allianz experts, “loss of reputation or brand value” ranks as the ninth top business risk overall. The financial services industry is going through significant change and D&Os have to navigate their company successfully through a robust risk environment. AGCS continues to see more claims against D&Os emanating from “bad news” not necessarily related to financial reports. Directors & Officers Liability Select provides personal liability cover for company directors, officers and managers to protect them from claims that may arise from the decisions and actions taken within the scope of their regular duties. The range of exposures facing directors and officers (D&Os) – as well as the resultant claims scenarios – have increased significantly in recent years. AGCS announces a realignment of its Board focusing on responsibilities for regions and markets as well as for Underwriting and Claims functions. Scenarios include product problems, man-made disasters, environmental disasters, corruption and cyber-attacks. With corporate management under the spotlight like never before, Allianz Global Corporate & Specialty has identified, in its latest risk report,  Directors and Officers Insurance Insights 2020, five mega trends that will have significant risk implications for senior management in 2020 … The range of exposures facing directors and officers (D&Os) – as well as the resultant claims scenarios – have increased significantly in … Report OFFICERS INURANCES INSIGHTS 2020 . Among them are not only the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. The range of exposures facing directors and officers (D&Os) – as well as the resultant claims scenarios – have increased significantly in recent years. 1. “Directors will be held responsible for how ESG issues and climate change are addressed at a corporate level,” says Laura Coppola, AGCS Regional Head of Financial Lines in North America. With many people working remotely, the number of cyber incidents is increasing as hackers look to exploit vulnerabilities. Securities class actions are growing globally as legal environments evolve. From #MeToo to failure to manage cyber risk - exposures for D&Os continue to rise. With corporate management under the spotlight like never before, Allianz Global Corporate & Specialty (AGCS) experts provide both a reflection of the current state of the D&O insurance market and also … These types of “event-driven litigation” cases often result in significant securities or derivative claims from shareholders after the bad news causes a share price fall or a regulatory investigation. For the first time ever, Cyber incidents ranks as the most important business risk globally in the ninth Allianz Risk Barometer. AGCS Newsletter - Keep up to date on all the latest news and insights from AGCSAllianz operates as an international insurer on almost every continent.

Failure to disclose climate change risks will increasingly result … Global | Press Release

“AGCS continues to see more claims against D&Os emanating from ‘bad news’ events not necessarily related to financial results,” says Shanil Williams, Global Head of Financial Lines at AGCS. Climate change cases have already been brought in at least 28 countries around the world to date with three-quarters of those cases filed in the US. D&O Insurance covers current, future and past directors, as well as non-executive directors, subsidiaries, and officers of a company.

From market developments and fire to loss of reputation - What are the 10 top concerns of risk management experts next to cyber and business interruption?

According 

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