Analysis of the key themes driving M&A activity reveals that ecommerce accounted for 3 life insurance deals announced in Q4 2023, worth a total value of $206.5m. The $206.5m acquisition of Vericity by iA American was the industry’s largest disclosed deal. GlobalData’s Insurance Industry Mergers and Acquisitions Deals by Top Themes in 2023 report helps understand the transformative themes fueling M&A activity in the insurance industry. Buy the report here.
In value terms, ecommerce-related deal activity decreased by % in Q4 2023 compared with the previous quarter’s total of 0. Related deal volume remained flat in Q4 2023 versus the previous quarter.
The top-ranked financial advisors supporting these M&A deals in Q4 2023 were Evercore; JPMorgan Chase & Co; Morgan Stanley with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q4 2023 were Sidley Austin; Debevoise & Plimpton; Latham & Watkins with 2, 1, 1 deals respectively.
For further understanding of GlobalData's Insurance Industry Mergers And Acquisitions Deals By Top Themes In 2023 – Thematic Intelligence, buy the report here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.