Nearly six in 10 corporate and private equity executives connected with life and P&C insurers say they plan to make acquisitions in North America in the year ahead.
This is a key finding of the “Global Insurance M&A Outlook.” Sponsored by Mayer Brown LLP in association with Mergermarket, the report explores the similarities and differences between the factors impacting M&A interest and activity in the life and P&C markets during the past 12 months. The research analyzes corporate strategies, including geographic expansion, product expansion and divestitures.
The report reveals that 57 percent of corporate and private equity respondents say they expect to make acquisitions in North America in the next 12 months. In contrast, 44 percent of Europe-based respondents expect to make acquisitions in North America. Among Asia-Pacific-based respondents, the percentage is 73 percent.
Half of the survey respondents expect that, aside from mergers and acquisitions, their companies will use new distribution channels, and 67 percent expect to be involved a strategic alliance over the next 12 months.