Chartis leads limited Goldmans D&O cover
American Insurance Group (AIG) subsidiary Chartis International
leads the directors' and officers' (D&O) coverage
forGoldman Sachs, although The Insurance
Insider can reveal that the coverage is very limited
and unlikely to result in a claim.
Chartis is the lead on a "Side A" D&O cover that the
investment bank has taken out.
Side A protection covers the defence of a company's individual directors when their employer is unable or unwilling to pay for their legal defence. As a rule, insurers...
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