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D&O Line Still on Losing Track Despite Big Rate Hikes: Fitch April 29, 2021 Record premiums haven’t been enough to reverse U.S. directors and officers (D&O) insurers’ underwriting losses, and the sector will still lose money in the near term as a result, Fitch Ratings said. Premium growth for D&O coverage has been significant. D&O direct written premium volume jumped to $10.7 billion in 2020. Premiums grew by 40 percent in 2020 and 20 percent in 2019, Fitch noted, following several years of flat to declining revenue growth. Just in the last three quarte...