Insurance M&As fall to lowest total since 2013
Wednesday, 03 22 2017, Category: Insurance and Reinsurance, Country: World
The global M&A market in insurance has fallen to its lowest point since 2013 over the last year - but deals in Asia still dominated the landscape.
According to international law firm Clyde & Co, global insurance M&As fell to 368 in 2016, down 12% from the 444 transactions of 2015, and the lowest total in three years.
The second half of the year was particularly sluggish with only 186 transactions, a decline from 201 in the first half of the year.
Source: Insurance Business