Under pressure: D&O insurance in a hard market
New Zealand and Australia are in the midst of the most volatile and restrictive Directors & Officers Liability (D&O) insurance market in its history – commonly known as a ‘hard’ market in the industry. This is not only impacting listed companies, but is flowing through to private companies and not-for-profit organisations. There are no signs of things easing anytime soon.
In this publication,the Institute of Director, Marsh and MinterEllisonRuddWatts highlight key D&O insurance issues and risks directors need to know about and discuss developments.