Welcome to the Directors and Officers Crime Market Update where we analyse the current market conditions based on our observations of the market with our WTW clients and not a whole of market review.
GB overview
- This update provides an analysis of the current conditions in the GB market for Crime insurance and the impact this has on companies and insurance buyers.
- While the GB market for Crime insurance is not seeing the resurgence that is being seen in Commercial D&O, there is increased interest from a number of insurers looking to expand their relationships with valued clients.
- The number of clients renewing with decreased or flat primary ROLs (rate on line) has continued.
- Following the decreases in claims notifications from our clients in 2021, this trend appears to be continuing in 2022 and remains down on the previous highs of 2017-2019
Download
| Title | File Type | File Size |
|---|---|---|
| State of the GB Market for Commercial Crime | 2 MB |
EU overview
- This update provides an analysis of the current conditions in the Continental European market for Crime insurance and the impact this has on companies and insurance buyers.
- While the European market for Crime insurance is not seeing the resurgence that is being seen in Commercial D&O, there is increased interest from a number of insurers looking to expand their relationships with valued clients.
- 75% of our clients in Continental Europe saw their Commercial Crime premium increase while 89% maintained their expiring deductible (worth to note is that the retentions had already increased significantly during the hard market).
Download
| Title | File Type | File Size |
|---|---|---|
| State of the European Market for Commercial Crime | 1.7 MB |
Authors
