In-depth - liability: Are D&O rates being held captive?

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If construction PI is having a tough time, it’s got nothing on the directors’ & officers’ (D&O) market.

Recent figures from Marsh’s Global Insurance Market Report found that there had been a 73% upward rate movement in Q3, an increase on the 65% witnessed in the previous quarter. The results for Q4 found that many clients have been faced with price increases of over 100%.

A survey of Airmic members found that over 80% of respondents had experienced rate increases, with 13% seeing their rates

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