Hedge funds and asset managers could be next, warns Marsh boss
The Libor rate fixing scandal that has tainted the banking industry now threatens to spill over into insurance.
Insurance Times takes a closer look at the manipulation of the Libor rate and the potential flood of D&O lawsuits piling up.
Marsh’s head of management liability Matthew Rolph warned that hedge funds and asset managers could be next.
But he said that despite the claims arising from the Libor scandal it also presented a number of opportunities for insurers to provide cover to firms and individuals.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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