Underscored by MetLife’s November 1 acquisition of ALICO—the insurance industry’s merger and acquisition market (M&A) could see a continued increased in activity over the next 12 to 18 months, according to global professional services company Towers Watson.
This uptick in both the property/casualty (P&C) and life sectors should continue as long as the industry can effectively deal with remnants of the global financial crisis, which, for many insurers, manifested itself in low stock valuations and rating downgrades.
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