Insurance M&A activity continues to slow down
Lack of demand for insurtech businesses plus concerns about a target company’s data security resulted in less merger and acquisition activity in the UK in the first half of 2023, according to Clyde & Co.
Clyde & Co’s Insurance Growth report shows 171 mergers and acquisitions deals took place worldwide in the first half of 2023, down from the 207 deals completed in the latter half of 2022 and the 242
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