Insurance
Directors & Officers (D&O) Premium Written
Underwriting a D&O policy for a publicly listed company's board members.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Premium Receivable — D&O | Asset (+) | 25,000.00 | - |
| Written Premium — D&O | Revenue (+) | - | 25,000.00 |
💡 Accountant's Note
D&O insures directors and officers against personal liability for corporate decisions. GCC demand has grown significantly following regulatory increases in directors' accountability.
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