Friday, May 11, 2007

 

Towers Perrin Survey Indicates Increased Life Insurance Merger and Acquisition Activity in Next 12 Months

CFOs at major life insurance companies believe mergers and acquisitions within their industry will significantly increase over the next 12 months.

According to the latest CFO survey from the Tillinghast business of Towers Perrin, 57 percent of the respondents said it is possible or highly likely they will acquire another company in the next 12 months. Seventy-seven percent said it is possible or highly likely they will acquire a block of business from another company.

Towers Perrin Survey Indicates Increased Life Insurance Merger and Acquisition Activity in Next 12 Months
Source: Business Wire

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