The 2009 ABA Bank Insurance Survey Report contains more than 90 tables that will provide you with a comprehensive overview of banks' corporate insurance coverage.  The data is summarized by different asset size groups ranging from banks with less than $100 million to those with more than $50 billion in assets.  Click here to see the survey methodology.

Clear, concise data tables present key information on the FIB carried, Directors' and Officers' Liability (D&O), Bankers' Professional Liability, Building and Contents, General Liability, and other policies (click here to see the full list).  You will find comparative data on policy limits per bank, deductibles, annual premiums, premium adjustments, and outsourcing of risk management functions. 
Among the survey's findings:

·       In addition to the FIB, survey respondents purchased insurance policies as part of their risk

     mitigation strategies.  Policies carried by more than 9 in 10 surveyed banks include

     Directors' and Officer's Liability, General Liability, Umbrella and Excess Liability,

     Automobile, Employment Practices Liability, and Building and Contents.

·      The policies with the largest proportion of survey respondents reporting premium increases

     in 2008 were Building and Contents, FIB, and D&O.

·       While "bank growth" was a common reason cited for such increases, large banks were

     more likely to attribute the premium gains to "higher prices."

·       For D&O, the aggregate policy limit for corporate reimbursement ranged from $2 million

     at Group 1 banks to $112.5 million at Group 8 banks.