ACORD, the standards-setting body for the global insurance industry, today released the first-of-its-kind study Carrier Mergers & Acquisitions: Major Transaction Value Analysis.
Tag: mergers and acquisitions
Marsh Report: Transactional Risk Insurance Remained Resilient in 2023
In 2023, transactional risk insurance played a major role in global mergers and acquisitions, despite a downward trend in M&A activity due to macroeconomic and geopolitical challenges.
Global M&A Performance Enjoys Bounce Back in 3Q
Global mergers and acquisitions (M&A) performance improved in the third quarter of this year, according to Quarterly Deal Performance Monitor research on completed deals (QDPM). Buyers outperformed the market by +3.9 percentage points for deals valued over $100 million between July and September 2022, according to share price performance. 1 WTW is a global advisory,… Continue reading Global M&A Performance Enjoys Bounce Back in 3Q
COVID-19 to Boost Demand for W&I Coverage in M&As: Lockton
Analysts at re/insurance broker Lockton believe that Warranty & Indemnity (W&I) insurance is likely to become more sought after in the coming months as a result of the COVID-19 pandemic. The firm noted that take up of W&I insurance in mergers and acquisitions (M&A) deals has already increased from 6% to 40% over the past… Continue reading COVID-19 to Boost Demand for W&I Coverage in M&As: Lockton
Axa Receives Regulatory Greenlight for $15.3B XL Deal
Today is XL Group’s last day as an independent company as its new owner-to-be Axa received the final regulatory blessing to complete its $15.3bn acquisition of the NYSE-listed carrier. The acquisition – first announced in March – remains the totemic deal in 2018, a year that will be defined for M&A. It is also one… Continue reading Axa Receives Regulatory Greenlight for $15.3B XL Deal
French Reinsurer Scor Rejects Takeover Offer by Covea
Privately-held insurance company Covea announced on Tuesday that reinsurer Scor had rejected an acquisition offer but said it still remained interested in a friendly tie-up. Covea, which already owns an 8.2% stake in Scor, said in a statement that it had withdrawn its offer to pay €43 ($49.85) per Scor share, which valued the company… Continue reading French Reinsurer Scor Rejects Takeover Offer by Covea