Total insurance industry M&A deals in September 2019 worth $3.51bn were announced globally, according to GlobalData’s deals database.
Go deeper with GlobalData
- 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 13.1% over the previous month and a drop of 15.6% when compared with the last 12-month average, which stood at $4.16bn.
Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $3.5bn. At the country level, the US topped the list in terms of deal value at $3.5bn.
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.
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.
Thank you!
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 form
By GlobalDataThe top country in terms of M&A deals activity in September 2019 was the US with 40 deals, followed by the UK with eight and Trinidad and Tobago with two.
In 2019, as of the end of September 2019, insurance M&A deals worth $22.44bn were announced globally, marking a decrease of 68.4% year on year.
Insurance industry M&A deals in September 2019: Top deals
The top three insurance industry M&A deals accounted for 100% of the overall value during September 2019.
The combined value of the top three insurance M&A deals stood at $3.51bn, against the overall value of $3.51bn recorded for the month.
The top three insurance industry deals of September 2019 tracked by GlobalData were:
1) Prudential Financial’s $3.5bn acquisition of Assurance IQ
2) The $8.16m asset transaction with Youi NZ by TOWER
3) RH Bophelo’s $3.54m acquisition of GENRIC Insurance.
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.
