In the first half of 2022, there was a significant shift in London commercial directors and officers (D&O) liability insurance market conditions.
With most insurers having completed the remediation of their books over the past three years, many are now looking to grow and take advantage of rates that remain high by historical standards. This, coupled with several new entrants to the market, has led to a notable increase in available capacity and tipped the supply versus demand balance in the buyer’s favour.
Headlines:
- Companies exposed to US securities are seeing stable premium decreases in 2022.
- Average pricing dropped significantly for FTSE100 companies in the second quarter of 2022.
- FTSE250 companies have seen three consecutive quarters of flat or downward price movement.
- Private companies are seeing premium increases drop close to single digits in 2022.