Tuesday, 18 March 2008

Update on Subprime cases

Advisen now tracks 236 subprime-related lawsuits. Of these, securities-related cases lead the table with 74.

As the underlying exposures continue to evolve beyond subprime, Advisen is tracking related write-downs, litigation & the expected impact on insurance. It's likely to be more of an E&O or PI event for insurers than a D&O.

For a look at Advisen's large loss database including all 236 subprime cases, call +1.212.897.4820 in NY or +44(0)20 7929 6929 in London or london@advisen.com.

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