Considering factors such as board diversity, ESG activism and the more litigious environment will be critical for managing D&O insurance programs going forward, according to Marsh LLC. (Credit: HAKINMHAN/Shutterstock.com) Considering factors such as board diversity, ESG activism and the more litigious environment will be critical for managing D&O insurance programs going forward, according to Marsh LLC. (Credit: HAKINMHAN/Shutterstock.com)

The global commercial insurance markets felt the pressure this year, particularly among U.S. D&O buyers, as the sector saw pricing jump more than 50% during the fourth quarter, according to Marsh LLC, which reported in excess of 90% of its D&O policyholders renewed with rate increases.

Corporations are not just seeing higher premiums, but also narrowing coverage, as underwriters are no longer looking to provide some coverage enhancements that were available in the past.

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
Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

Coverage & Policy Issues
Commercial Lines
E&S/Specialty