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Asia witnessed a significant uptick in the adoption of W&I and tax insurance solutions over the last few years given the growing sophistication of the region’s M&A market. Deal sizes are increasing across Asia, particularly in South Korea, India, China and Japan. In South East Asia, W&I is increasingly utilised in both inbound and outbound investments from countries such as Singapore, Thailand and Indonesia as market participants gain familiarity with the product.

Asia

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Breach Type Trends

Claim Payments

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6   The coverage for general representations has expired on these policies (2015 – 2020 policy years), and in some cases the coverage for fundamental and tax representations has expired as well; therefore, it is expected that very few, if any, additional claims will be reported on these policies.

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5   Respondents reported that loss estimates were either “slightly higher on average” (44%) or “much higher on average” (31%) when compared to previous years.

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Authors’ Note

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Effectively Managing Deal Risk to Secure Investments and Enhance Returns

Transaction Solutions Global Claims Study

2024

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Nigel Taylor

Anita Vivekananda

Carol Lin

Sophie Exall (née Newton)

Claire Fleetwood

Alexa Cypher

Alex Ewald

Jennifer Drake

Anthony Dragone

Stephen Davidson

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Figure 46.

Figure 45.

Claim Success Story: Breach of Fundamental Representations

Claim Success Story: Compliance with Laws

Claim Success Story: Breach of Inventory and Financial Statements Representations

Claim Success Story: Breach of Product Safety and Regulatory Compliance Representations