Friday, March 23, 2018

Insurance M&A scaled back in 2016

Mergers and acquisitions related to global insurance showed signs of retreat across all sectors last year, a new study by investment manager Conning suggests.

That year, 165 insurer transactions with aggregate value of $33 billion were monitored by Conning globally.

The activities last year were well below that of 2015, according to Alan Dobbins, director of the Insurance Research at Conning.

He explained that many companies were looking more inward that year, adding that while the property-casualty sector registered strong M&A activity as part of the offensive strategies of competitors, the life insurance sector retracted significantly.

The life sector fell to just a quarter of its recorded activity in 2015.

Titled as the ‘Global Insurer Mergers & Acquisitions: Activity Slows, but Pressures Remain,’ the study monitors and analyses both US and non-US insurers’ M&A activity in various sectors.

The study noted that Japanese investors continued their pursuit of established global underwriting brands.


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