Only 3% of survey participants with international operations have purchased separate Directors and Officers (D&O) liability insurance policies for other individual countries, according to the 2007 Survey on Insurance Purchasing and Claims Trends conducted by Towers Perrin. Forty-three percent of all survey participants indicated that their firms are global.

Global D&O coverage has become one of the most recent emerging D&O issues as a result of increased claim activity outside the U.S. and changing corporate laws in many countries that now permit derivative and shareholder lawsuits. In addition, legal changes have expanded the responsibilities of directors.

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