P&C M&A Activity Increases
In 2013, there were more large deals and the average P&C deal size doubled, Deloitte says. However, global insurance M&A activity fell 60 percent in aggregate deal value.
INN Breaking News, February 28, 2014
Aggregate deal volume of P&C mergers and acquisitions activity increased in 2013 compared to 2012, and the average deal size doubled, according to “2014 Insurance M&A Outlook: Momentum Continues to Build,” from Deloitte, and the average deal size doubled. There also were more large deals in the P&C segment, including four transactions valued at more than $500 million, whereas there was just one in 2012.
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