Warranty and indemnity insurance (W&I) covers financial losses arising from unintentional or unknown breaches of warranty inherent to mergers and acquisitions (M&A). Between 2009 and 2019, more than half of UK W&I insurance notifications were because of a tax breach. In Germany, the leading reason for an insurance notification was a financial statement breach at 54 percent. In Europe, most notifications were made regarding tax breaches.
Distribution of warranty and indemnity (W&I) insurance notifications in selected European countries between 2009 and 2019, by breach type
The source adds the following information: "In this report, we take an in-depth look at Marsh JLT Specialty’s EMEA claims data from between 2009 and the
end of Q1 2019. This review includes 175 notifications across 24 jurisdictions."
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MMC. (July 17, 2019). Distribution of warranty and indemnity (W&I) insurance notifications in selected European countries between 2009 and 2019, by breach type [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1126877/warranty-and-indemnity-insurance-notifications-european-countries-by-breach-type/
MMC. "Distribution of warranty and indemnity (W&I) insurance notifications in selected European countries between 2009 and 2019, by breach type." Chart. July 17, 2019. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1126877/warranty-and-indemnity-insurance-notifications-european-countries-by-breach-type/
MMC. (2019). Distribution of warranty and indemnity (W&I) insurance notifications in selected European countries between 2009 and 2019, by breach type. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1126877/warranty-and-indemnity-insurance-notifications-european-countries-by-breach-type/
MMC. "Distribution of Warranty and Indemnity (W&i) Insurance Notifications in Selected European Countries between 2009 and 2019, by Breach Type." Statista, Statista Inc., 17 Jul 2019, https://www.statista.com/statistics/1126877/warranty-and-indemnity-insurance-notifications-european-countries-by-breach-type/
MMC, Distribution of warranty and indemnity (W&I) insurance notifications in selected European countries between 2009 and 2019, by breach type Statista, https://www.statista.com/statistics/1126877/warranty-and-indemnity-insurance-notifications-european-countries-by-breach-type/ (last visited November 21, 2024)
Distribution of warranty and indemnity (W&I) insurance notifications in selected European countries between 2009 and 2019, by breach type [Graph], MMC, July 17, 2019. [Online]. Available: https://www.statista.com/statistics/1126877/warranty-and-indemnity-insurance-notifications-european-countries-by-breach-type/