Pockets of discipline emerging in public D&O amid ‘race to the bottom’ on rate
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Pockets of discipline emerging in public D&O amid ‘race to the bottom’ on rate

Giovanna Bellotti Azevedo
January 30, 2023
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A “race to the bottom” in public D&O is pushing established players to shun writing excess layers for more challenging risks – specifically for IPO, SPAC and de-SPAC accounts – as green shoots of underwriting discipline emerge in select corners of the D&O market.

Sources told Inside P&C that on these risks, carriers perceive pricing to be far below rate adequacy, although competition in the wider public D&O sector continues to ramp up.

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Topics

News D&O (Directors and Officers) Rates IPOs SPACs
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Giovanna Bellotti Azevedo
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