A persistent period of demand for guarantees and coverage in mergers and acquisitions that began in late 2020 has driven price increases, according to a report Monday from CAC Specialty, a subsidiary of broker Cobbs Allen.
Prices softened towards the middle of the year together with a slowdown in M&A but then recovered later in the year. 2021, "said CAC.
At the end of the year," prices rose dramatically, driven by historically high demand from a massive M&A rebound and combined with relatively static supply. "has been higher than a year ago" because M&A charged at full speed, "said CAC. various factors.