The insurance market underwriting cycle is turning unfavorablein many United States commercial market segments, includingdirectors and officers (D&O) liability insurance, New YorkCity-based Fitch Ratings says.
Premium rates in property lines have been declining for sometime in response to a lack of large loss events. Fitch said itexpects that competitive forces will likely drive prices lower inmore casualty and liability lines, in part because of pastunderwriting success.
Quarterly D&O Pricing Index report
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