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).
Download
Title | File Type | File Size |
---|---|---|
Directors and Officers GB Market Update Q3 | .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.
Download
Title | File Type | File Size |
---|---|---|
Directors and Officers European Market Update Q3 | .3 MB |