Thursday, January 05, 2006
Insurance mergers could get hot
The sleepy insurance industry could see a lot of action in 2006, as consolidation in the arena gains steam.
Last year brought some big mergers in the industry, notably MetLife (Research)'s $11.5 billion purchase of Citigroup (Research)'s Travelers Life & Annuity business as well as Lincoln National (Research)'s $7.5 billion acquisition of Jefferson-Pilot.
Insurance mergers could get hot
Source: CNN/Money
Last year brought some big mergers in the industry, notably MetLife (Research)'s $11.5 billion purchase of Citigroup (Research)'s Travelers Life & Annuity business as well as Lincoln National (Research)'s $7.5 billion acquisition of Jefferson-Pilot.
Insurance mergers could get hot
Source: CNN/Money