D&O insurance price per million increases in Q1: Aon

The price per million of directors and officers liability insurance increased 3.2% for the first quarter, compared with the same period a year ago, said Aon Risk Solutions in a survey report issued Thursday.

The price per million of D&O liability insurance for Aon clients that renewed in both the first quarter of 2018 and 2017’s first quarter increased 1.6%, according to the survey. This compares with a 2.8% decrease in the fourth quarter.

For the first quarter, a total of 16% of primary policies renewing with the same limit and deductible had a price decrease, while 36% had a price increase, according to the report.

The overall price change for primary policies renewing with the same limit and deductible was up 1.5%, said the report, with 90.9% renewing with the same limit, 84.4% renewing with the same deductible and 93.5% renewing with the same insurer.