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Sarbanes-Oxley News & Developments
D&O Insurance Prices Soften, Survey SaysBut the disconnect between pricing and actual claims experience may signal a market tightening to come.
> > Claim frequency surged 30% from 2004 to 2005 and claim susceptibility increased six percentage points among repeat participants in the survey, which was conducted by Tillinghast, a risk management consulting firm owned by Towers Perrin. (Claim frequency is the average number of claims per company, while claims susceptibility is the percentage of participants that reported one or more claims.) Survey this year, covering 2005, included participants from 2,694 U.S. and Canadian companies.
Source: CFO
Published:2006-01-29
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