Pricing for directors and officers liability insurance continued to fall in the third quarter, dipping below a low level of prices buyers experienced during the last soft market, according to Aon's Quarterly D&O Pricing Index, released today.
The report also said that as stock prices fall, D&O rates can be expected to head upwards.
Aon Financial Services Group said when inflation is factored into the analysis, this study marks the first time the broker has seen pricing drop below that of the index's base year of 2001, which was a year when firms enjoyed a very soft market.
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