In the North American life insurance industry, there were 4 private equity deals announced in Q2 2023, worth a total value of $225m, according to GlobalData’s Deals Database. The $125m investment by braemont capital management in incline p&c group was the industry’s largest disclosed deal. GlobalData’s Insurance Industry Mergers and Acquisitions Deals report offers insights into the global M&A activities within the insurance sector in 2022, along with an understanding of the key themes driving notable deals. Buy the report here.

In value terms, private equity deal activity in North America decreased by % in Q2 2023 compared with the previous quarter’s total of and fell by 87% as compared to Q2 2022. Related deal volume remained flat in Q2 2023 versus the previous quarter and was 300% higher than in Q2 2022.

The top-ranked financial advisors supporting these private equity deals in North America in Q2 2023 were Barclays; Howden Tiger Capital Markets & Advisory; Insurance Advisory Partners with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these private equity deals in North America Q2 2023 were Kirkland & Ellis; Fried, Frank, Harris, Shriver & Jacobson; Halper Sadeh with 3, 1, 1 deals respectively.

For further understanding of GlobalData's Insurance Industry Mergers and Acquisitions Deals by Top Themes in 2022 – Thematic Intelligence, buy the report here.

This content was updated on 18 July 2023

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