2025 Transaction Solutions Global Claims Study

We are excited to present the sixth annual edition of the Aon Transaction Solutions Global Claims Study.

Claims Study

We are excited to present the sixth annual edition of the Aon Transaction Solutions Global Claims Study. In this year’s claims study we are shifting the focus of our data analysis to highlight how Aon’s historical claims data can assist clients, advisors, and insurers on their next deal. This means leveraging our vast experience and continuous years of data tracking to help our clients better predict future risks and secure deal value.

01

Chapter 1: Author’s Note & Executive Summary

The sixth annual edition of the Aon Transaction Solutions Global Claims Study highlights Aon's achievements in handling over 1,600 global claims and securing $1.75 billion in recoveries for clients.
Learn More
02

Chapter 2: North America: Highlights, Claims Severity and Frequency

North American clients have recovered over $1.4 billion in R&W claims through Q4 2024, with more than $300 million paid out in 2024 alone.
Learn More
03

Chapter 3: North America: Breach Type and Notification

Compliance with laws, financial statements, and material contracts breaches remain the top drivers of loss in R&W claims.
Learn More
04

Chapter 4: North America: Industry Sectors and Trends

The data shows that there is significant deal risk across sectors and meaningful differences with respect to type of R&W breaches being identified.
Learn More
05

Chapter 5: North America: Tax Insurance Claims

Due to the extended nature of tax contests, as well as the large volume of programs placed in the last seven years, Aon is beginning to observe increased claims activity on tax insurance placements, primarily on those incepted prior to 2022.
Learn More
06

Chapter 6: EMEA: Highlights and Introduction

Aon's global W&I claims settlements surpass $1.75 billion, indicating the increasing value and effectiveness of W&I insurance products.
Learn More
07

Chapter 7: EMEA: Claim Frequency and Metrics

In 2024, our claims team saw a 26% increase in the number of notifications received compared with 2023. The rise in notifications, particularly in EMEA, may reflect broader coverage and a more mature client base utilizing their insurance for claims rather than merely for deal facilitation.
Learn More
08

Chapter 8: EMEA: Notifications by Target Location and Claims Severity and Payment Trends

Aon data and the Insurer survey offer insights into claims notifications and payments across Europe, highlighting trends and case studies from Aon's data.
Learn More
09

Chapter 9: EMEA: Breach Types and Trends

Financial statements, compliance with laws, and material contracts breaches continue to drive claim severity.
Learn More
10

Chapter 10: EMEA: Case Law, Insurer Survey, Claims Handling and Tax

At Aon, our global claims team have worked on hundreds of claims that have been resolved commercially, which gives us unique insight and experience. These insights are shared with our broking teams in our efforts to continuously improve client service and outcomes.
Learn More
11

Chapter 11: APAC: Asia

There was a notable increase in the volume and value of M&A transactions in Asia in 2024, along with a rise in the adoption of M&A-related insurance solutions. This trend is driven by complexities in cross-border transactions and regulatory environments.
Learn More
12

Chapter 12: APAC: Pacific

The ANZ M&A market showed promising signs of recovery in 2024, leading to a notable increase in insurance-bound deals compared with the previous year. Commentators remain optimistic that deal flow will remain steady throughout 2025, with strong demand for W&I insurance continuing.
Learn More