Claims on $1bn+ M&A deals increasing: AIG
Almost a quarter of M&A insurance policies written on deals
valued at more than $1bn between 2011 and 2015 resulted in a claim,
according to AIG.
In the carrier's Global M&A Insurance Claims Study,
released today, it said 18 percent of all representation and
warranty (R&W) policies it wrote in the period examined (2011
to 2015) resulted in a claim.
The jump was primarily due to a 7 percentage point increase in
claims from policies written between 2011 and 2014...
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