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ARTICLE · 07 NOVEMBER 2014

An Emerging Hub For D&O Insurance

Directors' and Officers' liability insurance has been around for several decades now but has not always attracted the interest of local buyers in the Middle East in comparison with other parts of the world.

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Directors' and Officers' liability insurance has been around for several decades now but has not always attracted the interest of local buyers in the Middle East in comparison with other parts of the world. We are however seeing a shift in the previous trend.

In this editorial piece, we explore why directors, officers and senior managers (D&Os) of companies would be well advised to take out D&O insurance, some of the key considerations that apply and why we are seeing a gradual shift in the attitude towards taking the insurance for protection.

Directors' duties from a Qatari perspective

The two most common types of corporate vehicles in Qatar are the Qatar shareholding company (QSC) and a limited liability company (LLC).

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