D&O insurance carriers' view on increasing risk globally 2017-2021
The share of D&O insurance underwriters who believed D&O risk was increasing has climbed from 2017 to 2020, reaching a full 98 percent of respondents in a 2020 survey. None of the respondents said that the risk was decreasing, while two percent believed it was the same. However, in 2021 the share of respondents believing D&O risk was increased suddenly dropped its lowest value during the period under observation. This type of coverage is designed to protect directors and officers from suffering any personal losses if their organization is sued.