Interest rate hikes for executives and executives continue to slow down, while new facilities provide the necessary capacity and competition, says a report published on Tuesday.
D & O interest rates peaked in the second quarter of 2020, but have since declined since coming down to 26% in the first half of the year compared to a 38% increase in 2020, according to the report by San Francisco-based Woodruff Sawyer & Co. , Looking forward to 2022, D&O considerations for the next calendar year.
Surplus stock velocities continue to exceed primary velocities. The median change in primary interest rates was, for example, 21% in 2021 in the first half of the year and 26% for surpluses.
The report states that there are now eight new domestic players, with three in London and one in Bermuda.  The report states that although the number of COVID-19-related D&O lawsuits has been significant, "the fear of a huge salary for COVID-related disputes has not manifested itself."
It is said that a trend to look at over the next year is whether there will be a round of supply chain disruptions.
"Companies that set expectations in the market and then subcontract due to a failed supply chain are likely to be in the crosshairs of the plaintiff's bar," it said.