As long as regulators and securities action filings remain active, underwriters are willing to compete in the Directors & Officers line. Price wars show no sign of letting up as attractive loss ratios lure new players.
With plenty of capacity, a willingness on the part of underwriters to compete aggressively and brokers working hard to get good deals in place for their clients, “It's definitely a great time to be a buyer,” says Chad Berberich, president of RLI Executive Products Group. “I would say the market is about as soft as it can get.”
Related: D&O: How low can it go?
Below, a summary of findings on the Directors & Officers market:
(Click image to enlarge.)
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