MLchartDataset catalogue

Return of remuneration exclusion

Term · Insurance and risk management · MLC-T-INS-002946

An exclusion in a directors and officers (D&O) liability insurance policy that denies coverage for claims seeking the return of remuneration, such as bonuses or stock options, that were improperly paid to an insured. This exclusion typically applies when the remuneration was obtained through fraud or in violation of securities laws. It prevents D&O insurance from covering the disgorgement of ill-gotten gains.

Table 1. Record
IdentifierMLC-T-INS-002946
FieldInsurance and risk management
SubjectManagement Liability
Record as JSON 
{
  "id": "MLC-T-INS-002946",
  "term": "Return of remuneration exclusion",
  "field": "Insurance and risk management",
  "definition": "An exclusion in a directors and officers (D&O) liability insurance policy that denies coverage for claims seeking the return of remuneration, such as bonuses or stock options, that were improperly paid to an insured. This exclusion typically applies when the remuneration was obtained through fraud or in violation of securities laws. It prevents D&O insurance from covering the disgorgement of ill-gotten gains.",
  "subject": "Management Liability",
  "url": "https://mlchart.com/terminology/insurance/return-of-remuneration-exclusion/"
}

Record 2,984 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.