D&O market weighs SPAC exposure as claims begin to flow
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D&O market weighs SPAC exposure as claims begin to flow

London Financial District Skyline
City of London urban skyline | ImageGap/Getty Images/iStockphoto

Concern is mounting in the D&O market around the risks associated with underwriting special purpose acquisition companies (SPACs) following a blank-cheque vehicle boom in the US, and losses are starting to hit the market.

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