TITLE

D&O INSURANCE COSTS UP SHARPLY

PUB. DATE
September 2002
SOURCE
Financial Executive;Sep2002, Vol. 18 Issue 6, p11
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article reports on hikes in directors and officers (D&O) liability insurance premiums. A series of findings of Tillinghast-Towers Perrin's 2001 D&O liability survey reveal the fact that there was an increase in an average indemnity pay of $17.18 million compared to $9.62 million in the previous year. Employment discrimination was easily the most frequent issue with financial disclosure issues being second. The survey showed that the frequency of claims held steady but the severity, meaning cost, rose dramatically.
ACCESSION #
11873014

 

Related Articles

  • Foreign insurers boost capacity for Canadian D&O. Gonzalez, Gloria // Business Insurance;2/6/2006, Vol. 40 Issue 6, p17 

    The article reports on the stability in pricing and broader policy terms for directors and officers (D&O) insurance buyers, due to a growing interest by foreign insurers in the Canadian market that has led to an influx of D&O insurance capacity for Canadian risks in 2006. An amendment to a...

  • D&O Price Hikes Nosedive. Sclafane, Susanne // National Underwriter / P&C;10/18/2004, Vol. 108 Issue 39, p12 

    Reports on the decline in directors and officers liability insurance premiums in the United States. Efforts of insurance companies to modify pricing of individual risk exposures; Insurance executives' comments on the overcorrection of the market; Greater number of policies that renewed with...

  • D&O Rates Still Soaring. Ruquet, Mark E. // National Underwriter / Property & Casualty Risk & Benefits Manag;2/2/2004, Vol. 108 Issue 4, p6 

    Reports on the results of the survey examining the status of insurance premiums for directors and officers coverage from 2002 to 2003 in the U.S. Rate of increase in insurance premium; Influence of the rate increase on deductibles and retention; Signs of stabilization in the insurance market.

  • Expensive Shields. Banham, Russ // Treasury & Risk Management;Jun2001, Vol. 11 Issue 6, p45 

    Examines the implications of the staggering losses of directors and officers (D&O) liability insurance market to D&O policy terms in the United States. Premium increase; Rise in D&O policy claims; Companies' strategies and alternatives for risk management. INSET: Numbers Tell the Story.

  • All's Fair In Love, War, And D&O Markets. Sclafane, Susanne // National Underwriter / Property & Casualty Risk & Benefits Manag;4/15/2002, Vol. 106 Issue 15, p20 

    Stresses that insurance companies have the control of the directors and officers liability insurance (D & O) market. D & O premium rates; Procedure when a securities case is brought against a director or officer; Use of extended reporting provisions of expiring D & O policies.

  • Algunos aspectos relacionados con el seguro de responsabilidad civil para directores y administradores- D&O, en Colombia. Posse, MarĂ­a Cristina Isaza // Revista Ibero-Latinoamericana de Seguros;jul2009, Vol. 18 Issue 31, p33 

    In Colombia there're some controversies related to the civil liability insurance policy for directors and managers (D&O Insurance) which often tackle some punctual aspects related to this type of insurance. Without the purpose of exhausting this matter, this brief article seeks to point out some...

  • D&O Rates Could 'Free-Fall'. Tuckey, Steve // National Underwriter / P&C;2/12/2007, Vol. 111 Issue 6, p8 

    The article reports on the declination of the directors and officers (D&O) liability insurance rates due to changing corporate governance practices and excess capital in the insurance market. Advisen Ltd. notes that since the fourth quarter of 2003, average D&O premiums have fallen nearly 30%...

  • Zeroing In On D&O Price Transparency. Thomas, Keith // National Underwriter / P&C;10/18/2004, Vol. 108 Issue 39, p50 

    Focuses on the availability of statistically-based models that can be used as tools for pricing directors and executives' liability insurance. Benefits of the statistical models that price security exposures based on a company's market capitalization and the volatility of its stock; Benefits of...

  • Navigating the D&O minefield. Hewitt, Chris; Khatib, WaeI // MiddleEast Insurance Review;Aug2009, p38 

    The article outlines some of the issues and potential pitfalls in the establishment of a multi-territory directors' & officers' liability insurance (D&O) policy. It notes that D&O of Middle Eastern companies took various duties, reponsibilities and powers through investment and ownership of...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics