M&A insurances gaining traction in Asia as cross-border appetite grows
More adopt it for protection of tail end liabilities, and as a matter of good corporate governance and accountability to shareholders
Singapore
MERGERS and acquisitions (M&A) insurances are gaining traction in Asia, from being mainly used by private equity buyouts, to all types of deals to mitigate potential risks and liabilities in a transaction, often playing a crucial role when negotiations hit an impasse.
Aris Wong, managing director of insurance adviser BMS Group Asia, told The Business Times that there is a growing appetite for warranties and indemnities (W&I) as more people understand the benefits and the certainty that the insurance offers.
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