The directors and officers (D&O) liability insurance marketplace is in a state of transition, characterized by a firming market, according to the “2012 Directors and Officers Liability Survey,” conducted by professional services company Towers Watson.
The market shift is most evident in the private/not-for-profit space, where 41 percent of survey respondents reported an increase in their primary D&O policy premium, up from 18 percent in 2011, according to the study. Twenty-nine percent of public companies indicate an increase in premiums paid for their primary D&O policy, 15 percentage points higher than 2011.
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