The Carlyle Group’s $1.78bn private equity deal with NSM Insurance Group was the Insurance industry’s biggest deal of Q2 2022 as deals worth $6.7bn were announced globally in the quarter, according to GlobalData’s deals database.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
The value marked a decrease of 65.3% over the previous quarter and a drop of 48.4% when compared with the last four-quarter average of $12.91bn.
In terms of number of deals, the sector saw a drop of 26.32% with 98 deals in Q2 2022 against the average of 133.00 deals in the last four-quarters.
In value terms, North America led the activity with deals worth $4.86bn.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
Insurance industry deals in Q2 2022: Top deals
The top five Insurance industry deals accounted for 75.9% of the overall value during Q2 2022.
The combined value of the top five deals stood at $5.05bn, against the overall value of $6.7bn recorded for the quarter.
The top five Insurance industry deals of Q2 2022 tracked by GlobalData were:
1) The Carlyle Group $1.78bn private equity deal with NSM Insurance Group
2) The $1.4bn acquisition of Crum & Forster Pet Insurance Group and Pethealth by JAB HoldingLLC
3) Accident Fund Insuranceof America $740m acquisition deal with Miracle Nova I (US)
4) The $620m acquisition of Markel by Berkshire Hathaway
5) Liberty Insurance $519.69m acquisition deal with AmGeneral Insurance