Insurers profit from better corporate governance

Improving corporate governance throughout the region is becoming ever more important to insurance companies that provide director and officers (D&O) liability insurance, says Ian Faragher, CEO at Chubb in Hong Kong.The good news is that more companies in Hong Kong are interested in D&O cover, implying that they are ensuring their governance practices are in line with the law. For insurers, the downside to writing more premiums is that their exposures are also increasing. As a …