Insurance M&As expected to focus on insurtech
The days of mega-mergers in the insurance industry may be behind us as consolidation activity has dropped significantly from the peaks of 2014 and 2015. The sector is contemplating this change of gear and steadying itself in the face of waves of global economic and political uncertainty.
“The peak in terms of deal size – those over $5bn (£4bn) – we saw in 2014 and 2015, seems inevitably to have passed,” says Martin Membery, head of the global insurance practice at lawyers Sidley
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