In the South and Central America life insurance industry, there were 3 M&A deals announced in Q2 2023, worth a total value of $4.5bn, according to GlobalData’s Deals Database. 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 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, M&A activity in South and Central America increased by 47268% in Q2 2023 compared with the previous quarter’s total of $9.5m. Related deal volume increased by 50% in Q2 2023 versus the previous quarter and was 200% higher than in Q2 2022.
The top-ranked financial advisors supporting these M&A deals in South and Central America in Q2 2023 were JPMorgan Chase & Co; Allenby Capital; Evercore with 2, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in South and Central America Q2 2023 were Debevoise & Plimpton; Demarest e Almeida Advogados; Ferrere Abogados with 1, 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.