Litigation

A pandemic reprieve has given way to mounting concern about mammoth jury awards.

Brazil is a country famous for its biodiversity. These days, one can even find a really rare species there: insurance underwriters that must fight tooth and nail for a clients’ business.

As the costs of legal liability in the US soar, there are increasing concerns of the impact third-party litigation finance (TPLF) might have on insurers and consumers and this had led to action being taken towards mitigating the effects of social inflation.

Covid roiled the directors and officers insurance industry, accelerating the emergence of new risks in what was already a hardening market. ESG and SPAC IPO-related litigation have also seen a spike.