W&I notification rate hits 9% in 2022 and could increase further: Howden
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W&I notification rate hits 9% in 2022 and could increase further: Howden

OLD DONT USE OLD

The notification rate for potential claims under warranty and indemnity (W&I) insurance policies rose to 9% in 2022, and could go higher still over the next 12-24 months as claims relating to the M&A boom of 2021 begin to flow, according to a report from Howden.

The broker said in its M&A claims report that the figure represented a slight uptick from 7% in 2021, but the long-tail nature of claims and a trend towards later notifications could push notifications higher over the next two...

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