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.
Opinion of directors and officers (D&O) insurance underwriters on change in D&O risk worldwide from 2017 to 2021
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Woodruff Sawyer. (September 20, 2020). Opinion of directors and officers (D&O) insurance underwriters on change in D&O risk worldwide from 2017 to 2021 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1051039/increase-directors-officers-risk-global-insurance-carriers/
Woodruff Sawyer. "Opinion of directors and officers (D&O) insurance underwriters on change in D&O risk worldwide from 2017 to 2021." Chart. September 20, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1051039/increase-directors-officers-risk-global-insurance-carriers/
Woodruff Sawyer. (2020). Opinion of directors and officers (D&O) insurance underwriters on change in D&O risk worldwide from 2017 to 2021. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1051039/increase-directors-officers-risk-global-insurance-carriers/
Woodruff Sawyer. "Opinion of Directors and Officers (D&o) Insurance Underwriters on Change in D&o Risk Worldwide from 2017 to 2021." Statista, Statista Inc., 20 Sep 2020, https://www.statista.com/statistics/1051039/increase-directors-officers-risk-global-insurance-carriers/
Woodruff Sawyer, Opinion of directors and officers (D&O) insurance underwriters on change in D&O risk worldwide from 2017 to 2021 Statista, https://www.statista.com/statistics/1051039/increase-directors-officers-risk-global-insurance-carriers/ (last visited November 21, 2024)
Opinion of directors and officers (D&O) insurance underwriters on change in D&O risk worldwide from 2017 to 2021 [Graph], Woodruff Sawyer, September 20, 2020. [Online]. Available: https://www.statista.com/statistics/1051039/increase-directors-officers-risk-global-insurance-carriers/