On June 16, in a press conference attended by Advisen, AIRMIC introduced the results of their D&O benchmarking analysis. Some of the information in the press release was:
AIRMIC and Advisen, the international supplier of benchmarking services, have produced detailed aggregate data of D&O insurance programmes purchased by risk managers. It is the first exercise of its kind ever in the UK, with 277 AIRMIC members taking part.
The survey follows an announcement by the two organisations in April 2008 that they would collaborate to enable insurance buyers to compare themselves with their peer groups. The aim now is to conduct similar exercises with other major lines of business and to repeat the D&O benchmark next year. Advisen are also responsible for the RIMS (Risk and Insurance Management Society) benchmarking survey in the United States.
6/16/2009 - Insurance Times
AIRMIC 09: New D&O data revealed
http://www.insurancetimes.co.uk/story.asp?source=itresinsure&advertcategory=REINSURANCE&storycode=378951
6/16/2009 - Strategic Risk
Airmic 09: New D&O data revealed
http://www.strategicrisk.co.uk/story.asp?storycode=378951
6/23/2009 - National Underwriter
U.K. Firms Buy Big D&O Covers As Lawsuits Increase, RMs Reveal
http://www.property-casualty.com/News/2009/6/Pages/UK-Firms-Buy-Big-DO-Covers-As-Lawsuits-Increase-RMs-Reveal.aspx
6/23/2009 - Business Insurance
Litigation fears push D&O limits higher: AIRMIC survey
http://cbweb.cr.atl.publicus.com/article/20090623/NEWS/906239993
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