Few companies are taking steps to insure themselves for directors and officers liability risks outside the U.S., according to a new consulting firm survey.
The poll of nearly 3,000 organizations conducted by Towers Perrin also found that in the U.S. D&O premiums in 2007 declined by an average 14 percent last year, an even sharper decline than the 4 percent drop in 2006.
For large accounts, the decrease was even more significant. Those who had participated in the company's 2006 survey reported an average decrease in premiums of 41 percent in their responses for 2007.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.