Look for 2017 to be the year of the deal — at least in the insurance industry.
A new report from KPMG International in association with Mergermarket, "The New Deal: Driving Insurance Transformation with Strategy-aligned M&A," predicts insurers will be looking to buy and to sell in the course of the year, with 84 percent of insurance companies planning to make between one and three acquisitions in 2017, while 94 percent plan at least one divestiture.
Two-thirds of respondents to the survey of 200 global insurance decisionmakers also say they plan a cross-border acquisition this year, with the U.S. the top national destination for acquisitions; China follows.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.
