In the Middle East and Africa life insurance industry, there were 6 M&A deals announced in Q2 2024, worth a total value of $173.9m, according to GlobalData’s Deals Database. The $147.5m majority acquisition of NMS Insurance Services by Sanlam was the industry’s largest disclosed deal. GlobalData’s Insurance Industry Mergers and Acquisitions Deals by Top Themes in Q2 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 Middle East and Africa decreased by 58% in Q2 2024 compared with the previous quarter’s total of $416.3m and rose by 9055% as compared to Q2 2023. Related deal volume increased by 50% in Q2 2024 versus the previous quarter and was 100% higher than in Q2 2023.

For further understanding of GlobalData's Insurance Industry Mergers And Acquisitions Deals By Top Themes In Q2 2024 – Thematic Intelligence, buy the report here.

This content was updated on 26 July 2024

Data 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.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.