In the Asia-Pacific life insurance industry, there were 4 M&A deals announced in Q3 2023, worth a total value of $661m, according to GlobalData’s Deals Database. The $661m minority acquisition of Singapore Life Holdings by Sumitomo Life Insurance was the industry’s largest disclosed deal. GlobalData’s Insurance Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 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 Asia-Pacific remained flat in Q3 2023 compared with the previous quarter and as compared to Q3 2022. Related deal volume increased by 33% in Q3 2023 versus the previous quarter.
For further understanding of GlobalData's Insurance Industry Mergers And Acquisitions Deals By Top Themes In Q3 2023 – Thematic Intelligence, buy the report here.