Trend | Range | |
---|---|---|
Commerical (defined contribution or benefit plan assets up to $50M) | Flat to +10% | |
Commerical (plans asset $50M to $500M) | Flat to +7.5% | |
Large public/nonprofit | Flat to +5% | |
Financial institutions | -5% to +5% |
Many underwriters continue to be cautious, but some seek to build their books
Challenged classes
Risks to watch are excessive fee class actions, imprudent fund selection class actions, COBRA class actions, class actions challenging ESG investments, DOL investigations and cyber audits, potential claims arising from benefit cutbacks, claims alleging imprudent DB plan buyouts.
Defined contribution plan excessive fee class actions
Health and welfare plan excessive fee class action