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D&O premiums to rise 15%

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Brazil-based BR Insurance Corretora de Seguros S.A. expects local directors and officers liability insurance premiums to rise 15% this year, BNamericas reports citing O Estado de S. Paulo. The recently approved new regulations for the D&O segment, which expanded coverage to include the payment of fines, will help boost growth. Brazilian insurance regulator said that D&O premiums grew 9.5% year on year to $103 million in the first 10 months of 2017.

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