Press release - Report on European directors’ duties and liabilities published by ecoDa and AIG

Our vision

05.10.2015

BRUSSELS, 5 October 2015– A pan-European report has been launched today offering guidance and insight into the changing environment shaping European directors’ duties and liabilities.

The Report has been produced by the European Confederation of Directors’ Associations (ecoDa) with American International Group, Inc. (NYSE: AIG), the global insurance group.

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 Report helps board members understand the extent of their liabilities in this complex and increasingly challenging new world.