D&O market set for 2021 underwriting profit after pricing surge: Fitch
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D&O market set for 2021 underwriting profit after pricing surge: Fitch

D&O underwriters in the US market are finally benefiting from a sustained uptick in pricing, and the market is set to report a combined ratio of 100% or lower in 2021, with the potential for further gains in 2022, according to ratings agency Fitch.

Fitch said continued improvement in pricing “portends further profitability” but cautioned that high levels of litigation and settlement costs, as well as emerging sources of claims, still posed a threat to the class.

The

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