D&O pricing for SPACs ‘unlikely’ to dip in 2022: Woodruff Sawyer
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D&O pricing for SPACs ‘unlikely’ to dip in 2022: Woodruff Sawyer

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The D&O market is unlikely to see significant falls in pricing for special purpose acquisition company (SPAC) IPO cover due to surging litigation and enhanced SEC scrutiny of SPACs in general, according to Woodruff Sawyer’s latest report.

In the broker and risk consultancy’s report, “Guide to D&O Insurance for SPAC IPOs”, Woodruff Sawyer said that the increase of SPAC business combinations, along with the scarcity of insurers willing to write coverage for this product, has pushed...

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