Director's and Officer's: A D&O deluge
Emmanuel Kenning takes an overview of the D&O sector and asks where the market will go next after a host of developments in 2010.
David Walters, vice president of commercial institutions financial lines at Chartis, the biggest D&O insurer in the world, believes the trend will be ongoing. "D&O is perceived in the UK as being a very profitable business and is attractive to new entrants. There were a lot in 2010 and there are a couple more waiting to start up now," he predicts.
Whereas a decade ago D&O was thought of as a specialist high level product, Mr Walters believes the current opportunities reside in the small to
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