IOD releases directors’ insurance report

Fri, 25 Sep 2020

Directors in New Zealand and Australia are facing the most volatile and restrictive liability insurance market in living memory, according to a new report.“Regionally, D&O claims payments have dwarfed the total insurance premium pool as litigation funders become more commonplace and as New Zealand’s regulatory environment, particularly our class action regime, evolves,” MinterEllisonRuddWatts partner Andrew Horne said.The law firm co-authored the report with the Institute of Directors and insurer Marsh. The repo...

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