By Craig Warnke ,
Chief Operating Officer, Transactional Risk, North America
23/02/2023
These factors all contributed to a 38% decrease in aggregate deal volume in the region compared to the previous year. Notwithstanding the adverse deal environment, Marsh’s North America team placed 1,007 transactional risk policies — primary and excess — on 608 unique transactions. This represented an increase of 4% over 2020, although a decrease of 39% from 2021. These policies represented US$19 billion in limits — similar to the aggregate limits placed by the team in 2019 and 2020.
Deal activity remained relatively consistent throughout the year, with the team placing roughly 250 policies each quarter. US M&A activity dropped in the final quarter of 2022 compared with both 2020 and 2021. The correlation between Marsh’s results and M&A activity in the region demonstrates the enduring role of transactional risk insurance in the deal-making environment in North America.
Article
23/02/2023