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International

Demand for D&O liability cover rises

April 18, 2017 Reprints

Directors and officers' liability cover for independent directors is on the rise in India as officials seek to avoid risks from liabilities arising out of wrongful acts, Money Control reported. The rise in demand for D&O cover follows the Indian Companies Act, 2013, placing additional responsibilities on independent directors and requiring every listed public company to have at least a third of the total number of directors as independent.

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Demand for D&O liability cover rises

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