Tuesday, April 21, 2009

 

Volume up, value down in insurance M&A worldwide

Such deals in the United States totaled $31.4B in 2008, down from $50.4B in 2007

Mergers and acquisitions in the U.S. insurance industry lost value last year, while non-U.S. transactions plummeted, according to data from Conning Research and Consulting.

Last year ended with more acquisitions for the overall industry around the world, totaling 766 transactions, compared with 750 transactions in 2007. However, deal values took a major slide, worth a total of just $55.5 billion, compared with $138 billion in 2007.

Stateside, the reported value of mergers and acquisitions in the insurance industry totaled $31.4 billion, down from $50.4 billion in 2007...

Investment News: Volume up, value down in insurance M&A worldwide

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