Hiscox claims takeover insurance will increase
The sharp rise in the number of hostile bids last year is likely to prompt more corporates to seek insurance protection against the cost of fending off a hostile predator, according to insurer Hiscox.
The company said it has witnessed an increase in the number of enquiries from companies about its takeover insurance, which provides cover for all the direct costs associated with the successfulOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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