Directors and Officers Liability Insurance
Page 171
9
THE REINSURANCE OF D&O POLICIES
THE REINSURANCE OF D&O POLICIES
1I. INTRODUCTION
9.01
Much of the reinsurance business placed in the London market comes from abroad, as a result of market stability, expertise and capacity. There is a longstanding practice of reinsuring D&O insurance in London and the reinsurance of so-called “foreign direct risks” in the London market gives rise to a series of complex legal problems, which we analyse below.