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The Gallagher report Management Liability Insurance Global Market Update Dec 2022 examines factors influencing the directors and officers' (D&O) liability market and how international trends have translated to different regions, including Australia.

In good news for businesses worldwide, the cost of premiums is stabilising in many areas and industries, but some constraints remain. The report looks at the conditions affecting pricing and capacity, especially the impact of new entrants to the D&O market on the record-high premiums seen in the previous two years due to increased insurer competition.

A key side effect of recent geopolitical instability and macroeconomic uncertainty has been a reduction in the number of initial public offerings (IPOs) by businesses listing on stock exchanges, a deficit that sharpened further competition among new and existing insurers in the D&O space.

However, some industry sectors or businesses with adverse claims history may still find placement challenging. Communication between brokers, clients and the market will remain key to achieving management liability coverage.

Download the report

Key features of the Management Liability Insurance Global Market Update

Sector analysis of market conditions for

  • life sciences
  • logistics and infrastructure
  • natural resources
  • retail and hospitality

Plus regional updates for Australia, Canada, the United Kingdom and Europe, South Africa and the United States.

How Gallagher can help with management liability and D&O protection

As your insurance broker we can help to mitigate your risks and minimise what can be a significant financial impact to your business, should an action be taken. If you would like to know more or discuss this further please contact one of our experts.

Disclaimer

Gallagher provides insurance, risk management and benefits consulting services for clients in response to both known and unknown risk exposures. When providing analysis and recommendations regarding potential insurance coverage, potential claims and/or operational strategy in response to national emergencies (including health crises), we do so from an insurance and/or risk management perspective, and offer broad information about risk mitigation, loss control strategy and potential claim exposures. We have prepared this commentary and other news alerts for general information purposes only and the material is not intended to be, nor should it be interpreted as, legal or client-specific risk management advice. General insurance descriptions contained herein do not include complete insurance policy definitions, terms and/or conditions, and should not be relied on for coverage interpretation. The information may not include current governmental or insurance developments, is provided without knowledge of the individual recipient's industry or specific business or coverage circumstances, and in no way reflects or promises to provide insurance coverage outcomes that only insurance carriers' control.

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