Clyde & Co. News

Global M&A Hits 10-Year High, Says Clyde & Co.

The volume of global insurance industry mergers and acquisitions reached a 10-year high in the first half of 2022, up 9.5% from the same six months a year ago. According to Clyde & Co’s Insurance Growth Report mid-year update, the …

Global Insurance M&A Rises in 2021, Despite Pandemic Pressures: Clyde & Co. Report

There were 418 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2021, up from 407 the previous year, according to a report published by law firm Clyde & Co. Activity was driven by a particularly strong second …

The MGA Market Is Back, Confident and Ready to Expand

Having weathered the pandemic of 2020 and a Lloyd’s review of low performing syndicates, managing general agents and their insurer partners are in good spirits and expressing optimism about the business opportunities ahead. Despite the pandemic, confidence is recovering fast …

Volatile Cyber Market Struggles to Boost Reinsurance Capacity

The cyber insurance market could benefit greatly from more reinsurance cover but it has been a challenge to attract interest. Part of the reason is because the cyber market is a relatively new one compared to others in the property …

For Now, No Need for Federal Cyber Reinsurance Backstop: Experts

Business owners need guidance rather than a federal reinsurance backstop to help them navigate an increasingly volatile cyber insurance market, a panel of experts said recently. “I don’t think a compelling case has been made yet for an explicit government …

Global Insurance M&A Drops 3% in 1st Half of 2021: Clyde & Co. Report

Mergers and acquisitions (M&A) in the global insurance industry dropped 3% in the first half of 2021 with 197 completed deals worldwide, down from 206 in the second half of 2020, according to Clyde & Co.’s “Insurance Growth Report” mid-year …

Cyber Attacks and Data Loss Are Top 2 Risks Facing Directors & Officers: WTW Survey

Cyber attacks and data loss are the top two risks facing directors & officers, with pandemic-related changes in working practices heightening these concerns, according to a global survey from broker Willis Towers Watson and law firm Clyde & Co. Covering …

Global Insurance M&A Activity Expected to Soar in 2021

There were 407 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2020, down from 419 the previous year, according to a report published by global law firm Clyde & Co. An anticipated pandemic-induced dip in activity in …

Weighing Effects of Treasury’s Ransomware Pay Warnings on Cyber Victims and Insurers

Recent warnings from the U.S. Treasury about paying ransomware demands are unlikely to substantially change how cyber insurers cover or handle such situations, according to experts. However, the advisories are likely to up the pressure on ransomware victims to make …

Clyde & Co. Hires Voses as a Partner in New York

Global law firm Clyde & Co has hired insurance lawyer Marc Voses as a partner in New York to further enhance its U.S. and global insurance practices. Voses joins from Goldberg Segalla, where he was chair of the Cybersecurity and …