Euclid Transactional has appointed Wai Ling Low as its first tax underwriter based in the Asia-Pacific region, a move that extends the firm’s tax insurance underwriting footprint into the APAC market.
Low joins Euclid Transactional as senior vice president and tax underwriter for APAC, operating from the firm’s Singapore office. Her role will involve underwriting tax liability risks on mergers and acquisitions (M&A) across the region and supporting broker partnerships.
She will report to Chris Waddington, who leads tax underwriting operations across Europe, the Middle East, Africa, and Asia Pacific.
Low brings over a decade of experience in corporate tax advisory, particularly in structuring and cross-border M&A transactions.
Waddington said the appointment is a step forward in strengthening the global reach of Euclid Transactional’s tax insurance platform.
“We are very excited to have Wai Ling join Euclid Transactional’s global tax insurance team, which allows us to offer local tax underwriting capabilities in the APAC region for the first time,” he said.
Euclid Transactional’s APAC team, which operates under the oversight of Alice Ho, managing director and head of APAC, has been expanding to serve the increasing demand for transaction-related insurance solutions across the region.
Ho said Low’s appointment reflects the firm’s long-term strategic goals.
“With her wealth of expertise in APAC tax, Wai Ling enhances our ability on the ground in APAC to provide integrated solutions to our valued partners. This strategic hire further cements our long-term commitment to the APAC region, and we look forward to continuing to invest in talents in order to better address the needs of our partners,” she said.
Euclid Transactional, which underwrites insurance for M&A, tax liabilities, and contingent risks, employs over 140 professionals across ten international offices. Its claims team, which focuses solely on transactional insurance claims, is one of the largest in the sector.
The appointment comes as acquirers posted better-than-market returns in the first quarter of 2025, outpacing their regional index by 5.8 percentage points, according to WTW’s Quarterly Deal Performance Monitor (QDPM). This marked the first time global M&A performance moved into positive territory since 2022.
The QDPM, which reviews deals over US$100 million in value, reported that Asia Pacific saw 44 such transactions during the quarter, a decline from 61 in the previous period. Despite the lower deal volume, performance for the region improved relative to previous quarters.
The broader report, compiled in partnership with Bayes Business School’s M&A Research Centre, showed that global acquirers outperformed the market by 1.5 percentage points in Q1, breaking a streak of seven quarters of underperformance.
