First Quarter Activity Signals Record Insurance Carrier M&A Deals Ahead in 2021: S&P April 6, 2021
Insurance carrier mergers and acquisitions could reach historic levels in 2021 based on early indications from a robust first quarter, according to a new Standard & Poor’s report.
U.S. and/or Bermuda based acquirers or acquisition targets achieved an aggregate deal value of nearly $21.2 billion, the S&P Global Market Intelligence report found. That result exceeded the full year tallies from 2019 ($19.6 billion) and 2020 ($19.4 billion).
Early data suggests insurance carrier M&A activity could double for all of 2021 compared to previous years to more than $40 billion, and the report suggests it “could mark one of the strongest years in the last quarter century.”
Chubb explores acquiring $22 billion rival Hartford
investmentnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentnews.com Daily Mail and Mail on Sunday newspapers.
Chubb s Offer to Acquire Rival Hartford: $23 2 Billion
insurancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancejournal.com Daily Mail and Mail on Sunday newspapers.