Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

D&O costs decline in third quarter

Reprints
D&O costs decline in third quarter

The average cost per million of directors and officers liability insurance fell 5.9% in the third quarter of 2017 compared with the same period last year, according to an Aon Risk Solutions survey.

According to the brokerage’s quarterly D&O pacing index report released Monday, Aon clients that renewed coverage in both the third quarter of 2017 and the third quarter of 2016 saw a 3% decrease in the price per million of D&O limits.

A total of 39% of primary policies renewing with the same limit and deductible had a price decrease, while 26% had a price increase, according to the report.

The overall price change for primary policies renewing with the same limit and deductible was down 0.7%, said the report, with 97.7% renewing with the same limit, 86.3% renewing with the same deductible and 93.9% renewing with the same insurer.