AM Best's Briefing - D&O Market: Start of a New Underwriting Cycle?

Date: Thursday, May 12, 2022
Time: 2:00 p.m.–3:00 p.m. ET

The annual AM Best briefing on the directors & officers (D&O) market will discuss AM Best's views on the professional liability segment, the results of the D&O segment for 2021 and a prospective look at 2022 and beyond. The D&O segment witnessed a turnaround in profitability in 2020 as calendar-year loss ratios decreased and premiums increased on the back of pricing momentum over the past six quarters. Some of the trends exacerbated by Cyan v. Beaver County have been mitigated to a certain extent by Salzberg v. Sciabacucchi. The bankruptcies expected out of the pandemic were also controlled by monetary and fiscal measures. Can the momentum in underwriting profitability be sustained, or will this be a temporary blip? How will risks such as special purpose acquisition companies (SPACs), environmental, social, and governance (ESG), litigation funding, social inflation and cyber-related disclosures play out?  


  • Sridhar Manyem, Director, Industry Research, AM Best


  • David Blades, Associate Director, AM Best
  • Danny Hojnowski, North American Practice Leader, US D&O, TransRe
  • Seth Pfalzer, Esq. Senior Vice President, Northern California Management Liability Practice Leader, Woodruff Sawyer

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