Insurance M&A increases in valueNovember 16 2017 by InsuranceAsia News Staff
“Fewer in number, but higher in value” sums up how insurance M&A deals this year were described by firm Willis Towers Watson in its recent survey, conducted with Mergermarket.
The insurance M&A deals, which were made at a time when there was heightened political uncertainty, were overall valued more this year as compared to the previous years, the report said.
In another development, 68% of respondents said that brand strength will be the top indicator of M&A growth for the next three years.
This means more insurance companies will transition to digital sales, which requires a strong, recognisable brand.
According to the report, global deal value across all sectors surged by 8.4% during the first half of the year but volume sunk by 12.3%.
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