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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly
HCA beats first-quarter profit estimates on higher patient admissions
F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years