According to a 2020 survey, the vast majority of director and officers (D&O) insurance underwriters do not believe that companies are as aware as they should be about the risk and cost of D&O litigation, with 83 percent of respondents expressing this concern. This is significantly higher than the 68 percent of respondents who answered this way in the 2017 survey.
Opinion of directors and officers (D&O) insurance underwriters on awareness of risk and cost D&O litigation being sufficient worldwide from 2017 to 2020
Leading D&O insurance carriers (including AIG, AXA XL, Chubb, Lloyd's, Tokio Marine HCC, Old Republic, and Great American)
Supplementary notes
Survey date and method not provided by the source.
Original question: "Are companies as aware as they should be about the
risk and cost of D&O litigation?"
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Woodruff Sawyer. (September 22, 2020). Opinion of directors and officers (D&O) insurance underwriters on awareness of risk and cost D&O litigation being sufficient worldwide from 2017 to 2020 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1051047/increase-directors-officers-risk-global-insurance-carriers/
Woodruff Sawyer. "Opinion of directors and officers (D&O) insurance underwriters on awareness of risk and cost D&O litigation being sufficient worldwide from 2017 to 2020." Chart. September 22, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1051047/increase-directors-officers-risk-global-insurance-carriers/
Woodruff Sawyer. (2020). Opinion of directors and officers (D&O) insurance underwriters on awareness of risk and cost D&O litigation being sufficient worldwide from 2017 to 2020. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1051047/increase-directors-officers-risk-global-insurance-carriers/
Woodruff Sawyer. "Opinion of Directors and Officers (D&o) Insurance Underwriters on Awareness of Risk and Cost D&o Litigation Being Sufficient Worldwide from 2017 to 2020." Statista, Statista Inc., 22 Sep 2020, https://www.statista.com/statistics/1051047/increase-directors-officers-risk-global-insurance-carriers/
Woodruff Sawyer, Opinion of directors and officers (D&O) insurance underwriters on awareness of risk and cost D&O litigation being sufficient worldwide from 2017 to 2020 Statista, https://www.statista.com/statistics/1051047/increase-directors-officers-risk-global-insurance-carriers/ (last visited December 21, 2024)
Opinion of directors and officers (D&O) insurance underwriters on awareness of risk and cost D&O litigation being sufficient worldwide from 2017 to 2020 [Graph], Woodruff Sawyer, September 22, 2020. [Online]. Available: https://www.statista.com/statistics/1051047/increase-directors-officers-risk-global-insurance-carriers/
