D&O Pricing: A Continuing Tale Of Two Segments
The majority of buyers in the market for Directors' and Officers' (D&O) liability insurance can look forward to soft pricing in 2010 compared with 2009, according to a pair of new reports. There remains an exception, however. Buyers in the market for D&O coverage at large financial institutions are going to find that capacity will remain tight and that terms are still difficult, the reports said. In two of the last four quarters, D&O pricing increased after 20 consecutive quarters of price declines ending in the third quarter of 2008, according to Aon's Quarterly Market Overview issued Dec. 7.