The number of claims against directors and officers is rising across Europe, as cross-border investment and the influence of multinationals spreads, a British law firm is reporting.
London-based CMS Cameron McKenna said in its Law-Now online report, "Not only does there appear to be greater scope for liability of D&O in many European jurisdictions, but also a greater willingness to sue."
The demand for D&O insurance will inevitably grow across Europe over the coming decade. It currently appears that this demand will be matched by the appetite to supply of UK-based (re-)insurers, the firm said.
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