Global Insurance M&A in H1 Drops
Friday, 08 11 2017, Category: Insurance and Reinsurance, Country: World
The volume of completed mergers and acquisitions (M&A) in the global insurance industry continued dropping during the first six months of 2017 to 170 deals, compared to 186 deals reported for the second half of 2016, according to Clyde & Co.’s mid-year M&A update.
Activity is now down 24 percent from a recent high point in H1 2015 when there were 225 deals, the report said, attributing the more cautious environment in part to increased regulation in China, political uncertainty as a result of Brexit in the UK and the ongoing political and economic uncertainties in Greece, Italy and Russia.
Source: Insurance Journal