European insurance M&A activity slows in 2016
Tuesday, 04 11 2017, Category: Insurance and Reinsurance, Country: Europe
European non-life and life insurers engaged in less merger and acquisition (M&A) activity in 2016 than in either of the preceding two years, according to AM Best.
In the European insurance sector, M&A subsided in 2016 after having reached high levels over 2014 and 2015, the ratings agency said in a report titled: “European Mergers and Acquisitions: Consolidation is the Trend.”
AM Best has investigated M&A activity totalling $64 billion, using a proprietary data set of transactions involving at least one European-headquartered insurer covering the 2012-2016 period.
Source: Intelligent Insurer