M&A INSURANCE 'GROWING RAPIDLY’

The mergers and acquisitions (M&A) market is growing in leaps and bounds and providing important opportunities for buyers and insurers alike, Aon has reported. The financial crisis saw a stark decline in the global volume of transactions, but deal-making is on the rise and has exceeded pre-recession levels. Between 2014 and 2018 alone, warranty and indemnity (W&I) insurance (known as reps and warranties (R&W) in the US) grew by 35% annually, to reach $2.3bn in premium. Aon now expects the global market for M&A-related insurance products to keep growing over the next five years at a similar rate that it has over the past several years, driven by increasing awareness of the product and growing confidence in its effectiveness.