Recent capital market developments and financial news have lead to a rapidly evolving corporate governance framework in many leading jurisdictions, dramatic changes in board of directors modus operandi and a review of the duties and liabilities of directors, particularly outside directors. This has highlighted the pressing need of directors and officers to be well aware of the scope of their duties and liabilities to shareholders, employees and capital market regulators.

As the worlds leading underwriter of liability insurance for directors and officers, AIG aims to better inform directors and officers of those duties and liabilities and to contribute to their increased awareness of those critical issues. To that end, AIG is publishing an updated version of a compendium of articles on the liability of directors and officers in the leading jurisdictions where AIG operates and where you, customers and brokers, may be present or considering new activities.

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