D&O Still A Buyer’s Market, Aon Says

Claims frequency is not having an effect on directors and officers liability insurance pricing and coverage, according to a June analysis from insurance broker Aon, finding that the D&O market is still a buyer’s market.

A quarterly analysis of the market by Aon’s Financial Services Group says that the average price for $1 million in D&O coverage limits dropped 15.7 percent in first-quarter 2011 compared to first-quarter 2010.