JD Supra: Mergers

AUGUST 7, 2024

Issuers with outstanding bonds insured by a policy from AGM need to ensure a material event notice is timely filed on EMMA (emma.msrb.org) given the change. Assured Guaranty Municipal Corp. AGM) merged into Assured Guaranty Inc. (AG) AG) on August 1, 2024. By: Dorsey & Whitney LLP

Insurance 165

Insurance Mergers 165

JD Supra: Mergers

JULY 12, 2024

Bennett and Heather Weaver of Lowenstein’s Insurance Recovery Group sit down with Yelena Dunaevsky, Senior Vice President, Transactional Insurance, at Woodruff Sawyer to talk about the current state of SPAC related litigation and its impact on the insurance market. Today, Lynda A.

Insurance 171

Insurance IPO IT 171

JD Supra: Mergers

MARCH 6, 2025

Private capital investment in the insurance sector is established, large and growing. This article looks at why this is the case, and the challenges and the likely direction of travel for the near future, and also at the traffic in the other direction: insurer investment in private capital. By: Hogan Lovells

Insurance 159

Insurance Capital Investment 159

TechCrunch: M&A

JULY 12, 2023

Coalition offers cybersecurity insurance products that take advantage of proactive cybersecurity tools. More recently, Jumbo partnered with IdentityForce to offer identity theft insurance in the U.S. It is acquiring a team (or maybe just a part of the team) that has been focused on privacy and security for several years.

Insurance 210

Insurance Valuation Accountant IT 210

JD Supra: Mergers

NOVEMBER 10, 2023

As buyers seek acquisition opportunities worldwide, they often encounter sellers resistant to accepting meaningful (if any) liabilities for potential pre-closing exposures, causing buyers to look to the insurance market for protection. By: Goodwin

Insurance 159

Insurance Acquisitions 159

JD Supra: Mergers

FEBRUARY 7, 2024

2023 was a fairly gloomy year for global M&A activity and the insurance sector did not emerge unscathed, recording its lowest deals count since 20201.

M&A 188

M&A Insurance Valuation IT 188

JD Supra: Mergers

AUGUST 21, 2024

The use of representations and warranties insurance (RWI or R&W) has become increasingly mainstream. An estimated 75% of private equity transactions and 64% of larger strategic acquirers use it. Woodruff Sawyer’s R&W team presents this comprehensive look at this facet of coverage.

Insurance 171

Insurance Private Equity Mergers and Acquisitions Equities 171

JD Supra: Mergers

MARCH 11, 2025

India's insurance sector is poised for a major transformation following the Finance Minister of Indias February 1, 2025 announcement of a proposal to increase the FDI limit in the sector from 74% to 100%. This development presents opportunities for foreign investors in one of the world's fastest growing insurance markets.

Insurance 165

Insurance Investment Finance Finance 165

JD Supra: Mergers

SEPTEMBER 9, 2024

Rather than considering an adjustment to the purchase consideration, negotiating an indemnity/escrow, self-insuring the risk. By: Ankura

Insurance 165

Insurance M&A Utilities Negotiation 165

JD Supra: Mergers

MARCH 21, 2024

Woodruff Sawyer is the market leader when it comes to placing D&O insurance for companies going public, be it through an IPO, direct listing, or merger with a SPAC (a “de-SPAC” transaction). Experience matters in this arena.

Insurance 171

Insurance IPO Mergers IT 171

JD Supra: Mergers

JANUARY 13, 2025

In our second episode of The Inside Basis, Randy Clark is joined by Marion Zeller, a tax partner in our Luxembourg office, and David Mussche, an associate director with Howden M&A's tax team, to discuss the state of tax insurance in Luxembourg and its impacts on deal process and risk mitigation. By: K&L Gates LLP

Insurance 159

Insurance M&A IT 159

JD Supra: Mergers

FEBRUARY 27, 2025

Weve recently received a handful of inquiries regarding the placement of sell-side reps and warranties insurance (RWI) policies. Given the relative rarity of these policies compared to their buy-side counterparts, we felt a refresher was in good order to highlight some differences and considerations. By: Woodruff Sawyer

Insurance 165

Insurance 165

JD Supra: Mergers

APRIL 16, 2024

The fragmented insurance distribution market in Canada continues to see significant levels of mergers and acquisitions (M&A) activity as established consolidators roll up smaller brokerages and managing general agents (MGAs), new players emerge, strategic buyers remain active, and more owners approach the age of retirement and seek third-party (..)

Insurance 165

Insurance Mergers and Acquisitions M&A Mergers 165

JD Supra: Mergers

MAY 24, 2024

While representation and warranty (R&W) insurance continues to be used across a broad range of M&A transactions, its use has cooled as dealmakers navigate challenging market conditions. By: Cooley LLP

Insurance 171

Insurance M&A Mergers and Acquisitions Mergers 171

JD Supra: Mergers

SEPTEMBER 16, 2024

In a market known for volatility, public company D&O (directors & officers) insurance has certainly lived up to its reputation in recent years—pricing has been on a roller coaster, fluctuating between skyrocketing increases and precipitous drops.

Insurance 171

Insurance IT 171

JD Supra: Mergers

MAY 1, 2025

One of the questions it pays to ask (and answer) early on is how that basket mechanism will function with the retention amount you will be negotiating into your representations and warranties insurance (RWI) policy. By: Woodruff Sawyer

Insurance 159

Insurance M&A Mergers and Acquisitions Negotiation 159

JD Supra: Mergers

MAY 23, 2024

Obtaining the appropriate amount and type of insurance for each stage of their life cycle is one of them. However, with some smart preparation and the expertise of the right advisors, insurance can go from being a necessary burden to a strategic asset. Woodruff Sawyer is a market leader for. By: Woodruff Sawyer

IPO 165

IPO Insurance Initial Public Offering Mergers and Acquisitions 165

The Guardian: Mergers & Acquisitions

DECEMBER 1, 2024

The two companies – the UK’s biggest insurer, Aviva, and the Churchill owner, Direct Line, known for motor cover and its red phone on wheels mascot – are facing off in a takeover tussle that has sent the Direct Line share price soaring , amid speculation that Aviva could raise its offer or launch a hostile bid, or face a counterbid.

Insurance 65

Insurance Investors Shares Management 65

JD Supra: Mergers

MAY 9, 2025

On 7 May 2025, the Hogan Lovells insurance team, together with Howden, hosted a client webinar on geopolitical instability and evolving liability risk. The session also highlighted our newInCrowd hub, an online resource for corporate clients seeking expert insurance advice. By: Hogan Lovells

Insurance 159

Insurance Corporation 159

JD Supra: Mergers

FEBRUARY 20, 2024

State of the Market in Asia - The insurance brokerage market has emerged from the challenging financial conditions and geopolitical headwinds of 2023 as a bright spot that demonstrates resilience and promises great growth potential. By: Mayer Brown

Insurance 188

Insurance M&A 188

JD Supra: Mergers

JANUARY 22, 2025

On January 20, Travis Hill became the Acting Chairman of the Federal Deposit Insurance Corporation (FDIC).

Insurance 183

Insurance Corporation 183

CNBC: Investing

JANUARY 10, 2025

AllState, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.

Insurance 144

Insurance Stock 144

JD Supra: Mergers

APRIL 5, 2024

This article addresses the legal and practical issues for lenders on leveraged buy-outs in relation to taking security over warranty and indemnity insurance policies. This article first appeared in the March issue of Butterworths Journal of International Banking and Financial Law. By: Hogan Lovells

Insurance 152

Insurance Securities Bank Banking 152

JD Supra: Mergers

NOVEMBER 28, 2023

Warranty and indemnity insurance (W&I) is a long-established feature of M&A transactions in Europe, especially with private equity sellers. Stapled W&I policies and synthetic policies will likely be increasingly common features of E&I transactions, although their feasibility should be assessed case by case.

Insurance 165

Insurance Private Equity M&A Equities 165

Deal Lawyers

JUNE 17, 2024

Woodruff Sawyer recently issued its “Guide to Insuring Fund Liability Risks for Venture Capital and Private Equity Firms.” Here’s an excerpt from the discussion of the evolution of general partner liability coverage: General Partnership Liability Insurance (GPL) is a longstanding insurance product tailored for […]

Private Equity 113

Private Equity Insurance Equities Funds 113

Deal Lawyers

SEPTEMBER 5, 2023

A recent Willis Towers Watson blog says that both debtors and potential buyers of distressed assets should consider using R&W insurance and the other transactional insurance solutions which have become staples of private M&A deals in other contexts as an alternative to traditional risk allocation for their transactions.

Insurance 124

Insurance M&A 124

The New York Times: Banking

FEBRUARY 16, 2024

Frequent natural disasters and high inflation have led insurers to raise premiums, and forced many customers to pare back their policies.

Insurance 134

Insurance Financial Institution Bank Banking 134

Deal Lawyers

JULY 5, 2023

Woodruff Sawyer recently published its 2023 Guide to Representations & Warranties Insurance, which provides an overview of current market conditions, policy terms and considerations for potential purchasers of RWI.

Insurance 140

Insurance IT 140

Deal Lawyers

MARCH 12, 2024

We’ve blogged quite a bit over the years about Rep & Warranty Insurance, but that’s not the only type of transaction insurance available for buyers or sellers looking to lay-off some of the risk associated with their deals.

Insurance 113

Insurance 113

JD Supra: Mergers

MAY 24, 2023

Obtaining the appropriate amount and type of insurance for each stage of their life cycle is one of them. However, with some smart preparation and the expertise of the right advisors, insurance can go from being a necessary burden to a strategic asset. Woodruff Sawyer is a market leader for. By: Woodruff Sawyer

IPO 137

IPO Insurance Initial Public Offering Mergers and Acquisitions 137

Global Banking & Finance

SEPTEMBER 27, 2023

UK’s Hiscox to sell Singapore and Thailand insurance business (Reuters) – British insurer Hiscox said on Wednesday it has agreed to sell DirectAsia, its motor insurance business in Singapore and Thailand, to Ignite Thailand Holdings following a strategic review. Reporting by […]

Insurance 124

Insurance Business IT 124

JD Supra: Mergers

DECEMBER 13, 2024

Geopolitical risk is high on the list of challenges that insurance groups have to navigate. There are a variety of reasons it may become necessary for a group to exit a particular jurisdiction, and a multitude of ways an exit can take place.

Insurance 145

Insurance Management IT 145

JD Supra: Mergers

SEPTEMBER 27, 2024

Last week, each of the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the Department of Justice Antitrust Division (DOJ) revised how they will review bank mergers. Our Financial Services and Antitrust teams highlight what banks considering mergers should know about the changes.

Mergers 314

Mergers Bank Banking Financial Services 314

Growth Business

DECEMBER 20, 2023

By Anna Jordan on Growth Business - Your gateway to entrepreneurial success In the early days of startups, it may seem like insurance cover is optional – but in some cases, it really isn’t. In the meantime, here is the best insurance cover for startups and why you need it. Does my startup need business insurance and why?

Insurance 98

Insurance Business Stock IT 98

JD Supra: Mergers

JULY 13, 2023

During the second quarter of 2023, LP’s insurance brokerage team surveyed many respected professionals in the insurance brokerage M&A industry, including M&A advisors and highly acquisitive buyers. All are experienced in the industry and regularly work on 10+ transactions in any given year. By: Levenfeld Pearlstein, LLC

M&A 130

M&A Insurance Acquisitions 130

JD Supra: Mergers

AUGUST 14, 2023

Given the current state of the market, deal flow is down and, therefore, so is the number of submissions getting sent to representations and warranties insurance (RWI) underwriters. Underwriters are poised to strike when the market picks back up again but, in the meantime, where does that leave us? By: Woodruff Sawyer

Insurance 130

Insurance Underwriting 130

Growth Business

JANUARY 5, 2024

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success It’s clear that as a startup you will need insurance of some kind, but knowing exactly what insurance you need can be confusing at the start. Studies show that 44 per cent of UK SMEs have no commercial insurance. Who is it for?

Insurance 103

Insurance Business Healthcare Engineering 103