Resources

The broader transactional liability insurance market contracted sharply in 2023 with our estimates placing market submission count and total gross written premium down by 11% and 40 - 45% respectively, reflecting a sharp decline in M&A activity and lower premium rates. Despite the market contraction, 2023 was a reaffirming year for RWI as penetration of the product only slightly decreased and a larger number of small deals (<$50m) are now being insured. At Atlantic, we are delighted to have bucked the market trend as we increased our transaction count by 11% and policy count by 31% vs. the prior year, with gross written premium increasing marginally. We hope you find this report useful and remain available to discuss the content at your request.