In 2023's first quarter, the average price per million for directors & officers coverage declined nearly 25%, according to Aon. This marks the fourth consecutive quarter with year-on-year price decreases and follows a four-year period that saw 17 quarterly price increases. Executives with Aon and CAC Specialty detail what is driving the market and where fresh opportunities might lay. In 2023's first quarter, the average price per million for directors & officers coverage declined nearly 25%, according to Aon. This marks the fourth consecutive quarter with year-on-year price decreases and follows a four-year period that saw 17 quarterly price increases. Executives with Aon and CAC Specialty detail what is driving the market and where fresh opportunities might lay.

In 2023's first quarter, the average price per million for directors & officers (D&O) coverage declined nearly 25%, according to Aon. The data includes all limits purchased by publicly traded companies during the quarter.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

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