Analysis of the key themes driving M&A activity reveals that ecommerce accounted for 2 life insurance deals announced in Q2 2023, worth a total value of $3bn. The $3bn acquisition of AlphaCat Managers and Validus Reinsurance by RenaissanceRe was the industry’s largest disclosed deal. GlobalData’s Insurance Industry Mergers and Acquisitions Deals by Top Themes in Q2 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 remained flat in Q2 2023 compared with the previous quarter and as compared to Q2 2022. Related deal volume increased by 100% in Q2 2023 versus the previous quarter.
The top-ranked financial advisors supporting these M&A deals in Q2 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 Q2 2023 were Sidley Austin; Carey Olsen; Debevoise & Plimpton with 2, 1, 1 deals respectively.
For further understanding of GlobalData's Insurance Industry Mergers And Acquisitions Deals By Top Themes In Q2 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.