Combined 2007, 2008, and 2009, losses for directors and officers liability and errors and omissions insurance carriers are projected to be around $9.6 billion, a consulting firm said.
Advisen, a provider of information, analytics, and technology for the commercial insurance industry, released three reports on insured losses attributable to the subprime mortgage market meltdown and related crises.
The reports projected an additional 229 points to the 2008 loss ratio for the financial institution segment of the D&O market, and approximately 149 points to the aggregate 2007-2009 financial institution E&O loss ratio.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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
© 2025 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.
