Next Fix For D&O Insurers: Eight-Figure Deductibles?
With a years worth of rate hikes and coverage adjustments behind them, directors and officers liability insurers and reinsurers arent much closer to profitability, or are simply breaking even, according to specialists who reported on the market at a recent conference.
Even before Enron put a cloud over the financial reports of corporate America, D&O insurers were devising strategies to fix loss ratios of 150 (and 300 for reinsurers), and to keep ahead of the uncertain costs of more than 700 existing securities cases filed since 1995, they say.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
