Lloyd’s D&O book expected to shrink

Lloyd's of London

Directors’ and officers’ insurance is set to contract as a class of business at Lloyd’s next year, as the market keeps up its strong messaging on what it expects of underwriters.

Giving an update on the market’s plans for 2024, chief of markets Patrick Tiernan said Lloyd’s was prepared to allow syndicate to redeploy capacity earmarked for D&O elsewhere, rather than let

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