Deloitte Releases Insurance M&A Outlook
Deloitte’s annual outlook for the insurance M&A market examines trends in 2016 and 2017 and identifies key expectations and challenges for 2018 that may help insurance executives pinpoint M&A drivers and plan their strategy accordingly.
The company said, “The M&A landscape is setting the stage for a positive deal-making environment in 2018; the deal volume is expected to be largely consistent with 2016 and 2017. The Insurance M&A Outlook examines the trends and challenges insurance executives should consider as they plan their M&A strategy for 2018 and beyond.”
John Johnston, CEO of Deloitte Caribbean and Bermuda stated “ Bermuda companies continue to be highly sought after in the ongoing consolidation of the global insurance and reinsurance industries. The two headline deals announced this year – AIG’s acquisition of Validus and AXA’s plan to purchase XL – are striking examples of this.
“There are several other Bermuda companies who would prove to be highly attractive merger partners or outright acquisition targets based on the strong businesses they’ve built, and there are buyers from different corners who appear willing to fully recognize that value in pricing.
“There are also some Bermuda companies for whom a transaction might be more of a strategic necessity, due to a desire for increased scale or need for diversification. We expect more M&A activity globally in the remainder of 2018 and we certainly expect the Bermuda market to feature prominently in that.”
For access to the full report, please visit here.
