Features

Top risk trends boards of management need to guard against

The directors and officers (D&O) insurance market is still competitive, but the impact of class actions, higher defence costs, regulatory scrutiny, an active plaintiff’s bar, and litigation funders means loss potential remains high, according to a report from Allianz Commercial. It says ongoing inflation, refinancing and insolvency pressures, and geopolitical and environmental, social, and governance (ESG) issues are some of the headwinds D&Os need to be prepared for.