Saturday, 27 February 2016

NEARLY 14% OF DEALS COVERED BY M&A INSURANCE RESULTED IN A CLAIM, ACCORDING TO AIG STUDY

NEW YORK, Feb 26 (Bernama-BUSINESS WIRE) -- Nearly 14 percent of M&A policies written globally by American International Group, Inc. (NYSE:AIG) resulted in a claim, according to a study of the global insurer’s representation and warranties (R&W) insurance claims data between 2011 and 2014. The study suggests a significant number of M&A transactions worldwide may see issues arise from breaches of deal terms discovered after closing.



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