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

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