Home / International / Global insurance deals halved value in 2019
10 February 2020
The value of mergers and acquisitions (M&A) in the global insurance industry halved to $US43.63 billion ($64.92 billion) last year.
However, GlobalData says the final weeks of 2019 brought a rebound, with December alone seeing M&A insurance deals worth $US12.92 billion ($19.22 billion) announced globally.
That was more than four times the recent monthly average.
The top country for M&A activity in December was the US, with 31 deals valued at $8.27 billion ($12.31 billion), followed by the UK with eight.
The top five 5 insurance industry M&A deals, which accounted for almost all the overall value, were: