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Worries Fade, Nerves Frayed

Treasury & Risk's 2010 Risk Management Survey

By staff Writer | Updated on April 01, 2010

Premiums this year for property and general liability insurance remain relatively in line with last year’s, according to the more than 250 senior financial executives who responded to Treasury & Risk‘s 2010 Risk Management Survey. But worries about directors and officers liability insurance are starting to surface, with 57% of respondents saying they are concerned D&O coverage will become more expensive as the rate of bankruptcies increases. On the positive side of the equation, just 34% say problems in the credit markets are still having some impact on their attempts to obtain sufficient coverage, down from the 56% who cited the credit markets as a problem in 2009. But solvency risk is still real to the 38% of respondents who say that’s why they have reduced the amount of insurance they place with some companies.

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