M&A Likely to Become More Challenging
Wednesday, 07 25 2018, Category: Insurance and Reinsurance, Country: World
The current operating environment continues to prompt mergers & acquisitions (M&A) among insurers and reinsurers. However, the number of potential M&A candidates has declined and sellers’ expectations of high deal values could make future transactions more challenging, according to a report published by Moody’s Investors Service.
Recent M&A acquirers generally have been “large, well-diversified firms seeking to enter or expand into specialty insurance including excess and surplus (E&S) lines and Lloyd’s markets,” explained Moody’s in the report titled “More M&A deals as firms seek to broaden depth, scale and market relevance.”
Source: Insurance Journal