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REUTERS: Deal or no deal, insurance rates soar to cover M&A boom
December 10, 2021
Record deal volume is fueling a boom in transactional liability insurance as buyers and sellers position themselves for life after COVID. Global M&A activity hit a record $4.33 trillion in the first nine months of 2021, leaping 97% from $2.2 trillion scored in the first nine months of a pandemic-hit 2020. Reuters’ Carolyn Cohn speaks with Mosaic’s Global Head of Transactional Liability Bill Monat and other experts on rising rates driven by the deal-making.