Regulatory and political scrutiny of boards has led to an increase in the risks and potential liabilities faced by individual directors. The impact of this new environment is also felt in the rising number of directors’ and officers’ (D&O) insurance claims. The 'Guide to Directors' Duties and Liabilities' helps board members understand the extent of their liabilities in this complex and increasingly challenging new world.
The guide, published in 2015, was produced by the European Confederation of Directors’ Associations (ecoDa) with American International Group, Inc. (NYSE: AIG), the global insurance group.
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