Panel SA: Compensation for insurance that protects executives skyrockets, says industry

by
Panel SA: Compensation for insurance that protects executives skyrockets, says industry

Indemnities for insurance that protect company directors and administrators skyrocketed last year, according to the sector’s 2022 balance sheet, which the CNSeg (National Confederation of Insurance Companies) releases this Friday (3).

Called D&O civil liability insurance, the modality covers the costs that executives are obliged to pay in the event of a lawsuit.

CNSeg member insurers disbursed around R$560 million last year to cover this type of insurance. The result represents more than triple that of 2021.

Still according to the entity, the demand for insurance also grew last year, with a collection of R$ 1.3 billion.

Joana Cunha with Paulo Ricardo Martins and Diego Felix

You May Also Like

Recommended for you

Immediate Peak