AM Best: US D&O direct loss ratio deteriorated in 2020 despite soaring premiums

DandO AM Best

The direct loss ratio of the US directors’ and officers’ liability (D&O) market rose 1 point to 61.0 percent in 2020 despite soaring premiums, according to a new AM Best report, with the ratings agency warning that fundamental underwriting conditions are still in a substandard state.

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