Insurance broker M&A activity up YOY in FY'20.
| Position | [M&A] INSURANCE ADVOCATE |
* Deal activity in the insurance brokerage space rose modestly year over year in 2020, while underwriters saw a moderate decline, according to an S&P Global Market Intelligence analysis.
KEY HIGHLIGHTS FROM INSURANCE M&A ANALYSIS INCLUDE:
* There were a total of 754 insurance broker deals announced in 2020, compared to 744 in 2019, the analysis found.
* In the underwriting industry, there were 151 M&A transactions announced in 2020, down from 165 in 2019. Underwriter deal activity slowed in the last three months of the year; total of 40 underwriter deals were announced in the final quarter of 2020, compared to 46 in the third quarter and 47 in the fourth quarter of 2019.
*...
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