In its most recent Global M&A Insurance Index, JLT Specialty (JLT) reported a 76% increase in the number of Mergers & Acquisitions (M&A) insurance policies they placed year on year when comparing H1 2017 to H1 2016. The findings highlight significant growth in the M&A insurance market linked to falling premium rates and lower retention levels as a result of increasing competition amongst insurers.
Ben Crabtree, Partner, Mergers & Acquisitions, JLT Specialty, said: ‘We look forward to the half year update of our M&A Insurance Index because it allows us to give our clients real time benchmarking information by sector, jurisdiction and deal size as well as commentary on the state of the market.
The growth in use of M&A insurance has been fuelled by a number of factors ranging from falling premium rates to a reduction in retention rates. In fact, the scope of what is achievable is evolving constantly and we want to ensure our clients have exactly what they need to make the best insurance decisions on their deals today.’
Sophisticated buyers and sellers continue to seek out insurance as an effective means of risk transfer, but most importantly as a strategic tool when structuring a deal.
If you require any further information, please contact Ben Crabtree, Partner on +44(0) 7558 3824 or email firstname.lastname@example.org