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Home / Insurance / Global Insurers' M&A Offers Fall slightly 2020: Clyde

Global Insurers' M&A Offers Fall slightly 2020: Clyde



There were 407 mergers and acquisitions completed worldwide in the insurance sector by 2020, slightly down from 419 the previous year, according to a report Thursday from the global law firm Clyde & Co.

However, there were 206 businesses in the second half of 2020, slightly up from 201 in the first six months, and activity is expected to be robust in 2021.

Global insurance mergers and acquisitions "will increase sharply in 2021", Clyde said, adding that Despite financial uncertainty and increased business scrutiny, an increase in M&A is expected over the next six months.

America remained the most active region for M&A, with 192 offers in 2020, an increase of 6% compared to 201

9. Asia and the Pacific saw 75 offers, an increase of 9% from 69 in 2019, while the Middle East and Africa saw 32 completed offers in 2020, more than twice as much as 12 in 2019. Deal activity in Europe decreased by 34% to 103 from 155 in 2019.

A hardening market with rising premium interest rates and "a more optimistic view for most industries" will attract more capital and investors to the sector, Clyde said.

"Improved market conditions have led insurers to move to raise capital but also attract more funds to the industry, including from private equity, which will help finance more business," said Eva-Maria Barbosa, a partner at Clyde & Co & # 39 ;s newly opened office in Munich, the report said.

The deal volume could exceed 220 in a six-month period for the first time since 2019 and could be even higher in the second half, Clyde said.

"Dealers' appetites have returned, upset by growing confidence in the economic outlook and the sense of opportunity," said Ivor Edwards, head of Clyde & Co's European Corporate Insurance Group, in the report.


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