In the North American life insurance industry, there were 8 M&A deals announced in Q1 2024, worth a total value of $19.2m, according to GlobalData’s Deals Database. The $18.4m acquisition of Consolidated National Insurance by Hagerty Insurance Agency was the industry’s largest disclosed deal. GlobalData’s Insurance Industry Mergers and Acquisitions Deals by Top Themes in Q1 2024 report helps understand the transformative themes fueling M&A activity in the insurance industry. Buy the report here.
In value terms, M&A activity in North America decreased by 99% in Q1 2024 compared with the previous quarter’s total of $2.4bn and fell by 74% as compared to Q1 2023. Related deal volume decreased by 11% in Q1 2024 versus the previous quarter.
For further understanding of GlobalData's Insurance Industry Mergers And Acquisitions Deals By Top Themes In Q1 2024 – Thematic Intelligence, buy the report here.
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