While the notification rate for warranty and indemnity insurance rose slightly in 2022 to 9%, up from 7% in 2021, a report published this week suggests that the long tail nature of claims means this rate could increase over the next 12-24 months, as notifications from the M&A boom of 2021 materialise.
Daniel Stock, managing director of Howden M&A, which authored the report, said: “As we enter a period of greater economic uncertainty, we expect more opportunities for deal makers to take advantage of current market conditions. With such opportunities comes a different set of challenges. The value of M&A insurance is clearer than ever in protecting buyers for undisclosed risk that goes to value.”
See the next issue of CIR Magazine for more on this report.
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