Some of the most significant increases have occurred for policies that protect a company’s directors and top executives. Some major corporations have retaliated.
Tag: D&O premiums
Fitch Ratings: D&O Premium Increases to Slow Down
According to Fitch Ratings, a three-year trend of steep premium increases in the US directors and officers (D&O) insurance market, along with lower limits, higher retentions, and more coverage exclusions, is beginning to subside. These trends have resulted in an improvement in the financial performance of US D&O insurers over a three-year period. According to… Continue reading Fitch Ratings: D&O Premium Increases to Slow Down
D&O Insurance 1H22 Results Improve, Premium Growth Stalls
According to Fitch Ratings, the U.S. Directors & Officers (D&O) insurance line has experienced some of the most pronounced pricing increases among all commercial lines over the last three years, with shifts in underwriting practices such as lower limits, higher retentions, and more coverage exclusions fostering improvement in financial performance. These trends, however, are fading,… Continue reading D&O Insurance 1H22 Results Improve, Premium Growth Stalls
Directors and Officers Insurance Prices Soar
Prices for directors and officers insurance, which covers people working as directors or officers of businesses or organizations, soared 70% in 3Q in 2019 compared with a year earlier, Aon says. The average increase was affected by three large companies – two in communications services and one in the consumer-discretionary industry – that faced large… Continue reading Directors and Officers Insurance Prices Soar