A wider perspective.
The D&O market is growing, and with it the number of extensions to cover company, as well as directors', liability. David Fanning assesses whether the sector is about to trip itself up.
The directors' and officers' (D&O) liability insurance market issending out conflicting signals. On one hand, the market remains
persistently soft, with rates continuing to drop and showing no solid
signs of hardening, and on the other, the demand for D&O cover
(particularly among small and medium-sized companies) is increasing
steadily.
Ian West, professional and financial risks underwriter at Lloyd's broker
RE Brown & Others Syndicate 702, says that gross written premiums for D&O
cover for UK
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