Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

Firm Tallies U.S. Insurer Deal Value

X
Your article was successfully shared with the contacts you provided.

Companies announced 43 U.S. mergers, acquisitions and big capitalization deals in December, and those deals had a total deal of about $9 billion, according to GlobalData PLC.

(Related: 5 New Questions About Life and Annuity Deals in 2019)

The deals had an average value of about $21 million.

GlobalData has not provided comparable data for 2018.

The London-based firm says the United States averaged 52 insurance deals per month in the first 11 months of 2019.

GlobalData includes venture capital and private equity deals in the deal total, as well as traditional mergers and acquisitions.

The biggest deal GlobalData included in the December data was New York Life Insurance Company’s move to acquire Cigna Corp.’s life and disability operations for $6.3 billion.

The second biggest deal was Resolution Life Holdings’ $1.25 billion acquisition of Voya Financial’s individual life business.

— Read Prudential Completed the Biggest Q3 Insurance Deal: GlobalDataon ThinkAdvisor.

— Connect with ThinkAdvisor Life/Health on FacebookLinkedIn and Twitter.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.