In-depth - liability: Are D&O rates being held captive?
With rates down and claims up, brokers are facing a new reality in the directors & officers market. Martin Friel reports
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
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Zurich strikes five-year capacity deal with MGA Freedom Services
- Aviva to open branches in Chelmsford and Southampton
- Dual to open two UK offices as McGinn’s regional push gathers pace