Euclid Transactional R&W/W&I Insurance April 2022 Update
Notwithstanding continuing global challenges and financing/inflation related concerns, April appeared to be a strong month for M&A with Euclid binding 73 R&W/W&I insurance policies worldwide, just 8% less than the April record set in 2021.?We received 629 R&W/W&I insurance policy submissions globally, just 8% less than our record April 2021.?The average transaction value rose to over $388 million, about 3% higher than March, and on the lower end of what we have seen most months over the past few years.??Our average primary R&W policy rate in North America dropped slightly in April but was still over 20% higher than in April 2021. ?We believe rate increases reflect our clients’ and brokers’ recognition of Euclid Transactional’s and other established markets’ proven track record for deal execution and fair and efficient payouts of over a billion dollars in claims.?Rates also reflect significant additional underwriting and claims-handling resources required to address the unprecedented increase in M&A volume and demand for transactional insurance services.
Do our numbers align with your experiences in the M&A and R&W insurance markets? What are your deal expectations for the remainder of Q2 and the rest of 2022? ?Feel free reach out to Euclid Transactional to discuss these or any other topics.??
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Euclid Transactional Global R&W/W&I Insurance January 2019 – April 2022
Euclid Transactional Global R&W/W&I Insurance Monthly Submissions, Bound and Average Enterprise Values March 2020 – April 2022
Thanks for sharing your regular updates Jay Rittberg and congrats to the Euclid Transactional team for the continued success.