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FOCUS-Insurers jostle to give dealmakers cover for when things go wrong

Dec 11, 2020 - Nasdaq

By LONDON, Dec 11 (Reuters) - A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms cover for when a deal goes wrong, industry officials say.

Keen for revenue after a year marked by payouts for event cancellations and shuttered businesses, insurers are tapping into the appetite of deal-seeking firms to protect themselves should the businesses they want to buy misrepresent thei...