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.
TRENDING NOW
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
HDB reviewing ‘jumbo’ flat scheme after Telok Blangah unit listed for sale at S$2.18m
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Singapore judge raises doubts iron ore trader Radiant World is owed US$1 billion