NU Online News Service, March 12, 10:33 a.m. – Publicly traded life insurers may be counting more on consolidation than innovation to increase shareholder value, according to Tillinghast-Towers Perrin, New York.
Analysts at the consulting firm conducted an informal survey of executives at stock life companies in the United States and Canada.
Sixty-two percent of the company executives predicted mergers and acquisitions would be one of their company’s top four priorities over the next three years.