Following up on our last post on how Covid-19 is drastically changing the landscape for M&A, below are our latest stats on global R&W/W&I insurance submissions and policies bound for 2020. After weekly submissions dropped by over 70% in April and May, we saw an increase in June, but are still around 50% lower than pre-Covid-19 levels. We continue to see average deal sizes decrease and fewer deals are binding during this crisis.
Do these numbers line up with what you are seeing in the deal world? Do you expect a possible increase in Covid-19 to further effect M&A? Feel free to reach out to Euclid Transactional to discuss this data or anything else.