Directors’ and officers’

D&O rates still rising but at more moderate place, says Willis Towers Watson

The GB D&O market has seen faster improvements than anticipated according to Willis Towers Watson (WTW) Global FINEX. In its “GB D&O Market Update Q3 2021” the broker said that over the quarter, premium rates overall continued to rise, but at a much more moderate pace. “Competition on excess layers and some increased interest in primary layers from incumbent insurers have led to some clients, with more straightforward risks, seeing flat renewals and even reductions in some cases,” it said.