D&O market softening 'set to continue': RPS
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D&O market softening 'set to continue': RPS

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The management liability and professional liability insurance markets seem set to continue softening over the second half of 2023 as capacity drives up competition and drives down premiums, according to Risk Placement Services’ (RPS) 2023 outlook report.

“This year, flat is now the worst result that many people are seeing, and you might be seeing anywhere from 10% to 20% rate reductions in a number of areas,” said EVP of executive lines Manny Cho in the...

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