Smaller M&A deals drive bulk of severe TRI losses, TMHCC warns

Smaller M&A deals drive bulk of severe TRI losses, TMHCC warns


In 2023 and 2024, however, claims notified after three years accounted for about 20% of total notifications. In 2021, claims made within the first year of policy inception represented more than 65% of all notifications, but by 2024 that share had dropped to just over 20%, which TMHCC interprets as evidence that claims are emerging later in the policy lifecycle.


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