In recent years, transactional liability insurance—often in the form of representations and warranties insurance—has rapidly evolved from a niche product into a common element in mergers and acquisitions practice. Use of transactional liability insurance continues to expand across geographies, asset classes and industries. This Legal Update, originally published by Bloomberg Corporate Law, discusses the current state of the market following this accelerated evolution and areas that are likely to be impacted by shifts in conditions and trends. 

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