Total insurance industry M&A deals worth $522.8m were announced globally in November 2022, led by The Ardonagh Group’s $319.58m acquisition of Envest, 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 89.5% over the previous month of $4.98bn and a drop of 81.9% when compared with the last 12-month average, which stood at $2.89bn.

Comparing M&A deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $522.78m. At the country level, the Australia topped the list in terms of deal value at $319.58m.

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

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.

Company Profile – free sample

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 GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The top country in terms of M&A deals activity in November 2022 was the US with nine deals, followed by the UK with two and Australia with two.

In 2022, as of November, insurance M&A deals worth $32.03bn were announced globally, marking an increase of 45.6% year on year.

insurance industry M&A deals in November 2022: Top deals

The top three M&A deals accounted for 100% of the overall value during November 2022.

The combined value of the top three insurance M&A deals stood at $522.78m, against the overall value of $522.8m recorded for the month.

The top three insurance industry M&A deals of November 2022 tracked by GlobalData were:

1) The Ardonagh Group’s $319.58m acquisition deal with Envest

2) The $103.1m acquisition of 5.17% stake in Max Life insurance by Max Financial Services

3) Meiji Yasuda Life Insurance’s $100.1m acquisition deal for 2% stake in Thai Life Insurance PublicLtd