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Directors' and Officers' Market Update 2022

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By Angus Duncan and Louise Dennerståhl | December 8, 2022

These market updates provide several analyses of the current hard market and the impact this has on Directors and Officers.
Financial, Executive and Professional Risks (FINEX)
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These updates provide an analysis of the current conditions in the market for Directors' and Officers' (D&O) insurance in Great Britain and Europe for international and domestic companies and the impact this has on board directors, non-exec directors and insurance buyers. The analysis in this update is based on our own observations of the market and using WTW proprietary data unless otherwise stated.

Great Britain D&O overview

  • Q3 2022 has continued the improving trends in the GB D&O market.
  • In Q3 this year 64% of clients saw their primary layer renew flat or with a decrease on last years.
  • More insurers are offering better policy terms with some once again agreeing to underwrite business using WTW’s proprietary wording (DARCstar).
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Title File Type File Size
Directors and Officers GB Market Update Q3 PDF .5 MB

Europe D&O overview

  • Q3 2022 has continued the improving trends in the Continental European D&O markets.
  • In Q3 this year 43% of clients saw their primary layer renew flat or with a decrease on last years.
  • More insurers are offering better policy terms.
  • There is enough capacity in the Continental European markets for us to place the business locally. The capacity inflow is a mix of established insurers increasing their capacity and new insurers opening offices across Continental Europe.
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Title File Type File Size
Directors and Officers European Market Update Q3 PDF .3 MB
Authors

Executive Director
Coverage Specialist, FINEX

Head of FINEX Europe (excluding GB)

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