Insights - Trends in the Asian Directors’ & Officers’ Liability Market
Source: Asia Insurance Review | Oct 2006
Figures published
recently by Lloyd’s predict that directors’ & officers’ liability
insurance (D&O) premium income will grow by 25% in Asia Pacific by 2007,
reaching a regional total of US$185 million. This growth is being encouraged
by competitive premiums, cover enhancements, and underwriter competition. Set
against this there is an increase in Asian Corporate Governance, shareholder
activism and a tougher global D&O environment. Mr David Walters,
Director – Professional Risks, Miller Insurance Services Ltd, reviews the
current state of the Asian D&O market, and tries to predict its future.
He also examines some key negotiation points for D&O policy wordings..
Archived articles are available to Magazine subscribers only.
For Full Access to
the magazine
SUBSCRIBE here.