View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Deals Analysis
February 28, 2020

Insurance industry M&A deals in January 2020 total $1.13bn globally

Total insurance industry M&A deals in January 2020 worth $1.13bn were announced globally, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

The value marked a decrease of 91.3% over the previous month and a drop of 69.1% when compared with the last 12-month average, which stood at $3.65bn.

Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $864.41m. At the country level, Spain topped the list in terms of deal value at $863.69m.

In terms of volumes, North America emerged as the top region for insurance industry M&A deals globally, followed by Europe and then Asia-Pacific.

The top country in terms of M&A deals activity in January 2020 was the US with 39 deals, followed by the UK with eight and Canada with six.

In 2020, as of the end of January 2020, insurance M&A deals worth $1.13bn were announced globally, marking a decrease of 40.5% year on year.

Insurance industry M&A deals in January 2020: Top deals

The top five insurance industry M&A deals accounted for 99.01% of the overall value during January 2020.

The combined value of the top five insurance M&A deals stood at $1.12bn, against the overall value of $1.13bn recorded for the month.

The top five insurance industry deals of January 2020 tracked by GlobalData were:

1) Helvetia Group’s $863.69m acquisition of Caja de Seguros Reunidos, Compania de Seguros y Reaseguros

2) The $150m acquisition of National Lloyds by Align Financial Holdings

3) Hana Financial Group’s $86.19m acquisition of The-k Non-life Insurance

4) The $14.02m acquisition of DHFL General Insurance by Sachin Bansal

5) Independence American Insurance’s acquisition of Figo Pet Insurance for $5m.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

 

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive.
SUBSCRIBED