Total life insurance industry deals worth $3.4bn were announced globally for February 2022, with the $2.6bn acquisition of Sul America being the sector’s biggest investment, 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 an increase of 41.2% over the previous month of $2.38bn and a rise of 21.7% when compared with the last 12-month average of $2.76bn.
In terms of number of deals, the sector saw a drop of 9.68% with 28 deals in February 2022 when compared to the last 12-month average of 31 deals.
In value terms, South and Central America led the activity with deals worth $2.6bn in February 2022.
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
life insurance industry deals in February 2022: Top deals
The top five deals accounted for 98.4% of the overall value during February 2022.
The combined value of the top five deals stood at $3.31bn, against the overall value of $3.4bn recorded for the month.
The top five life insurance industry deals of February 2022 tracked by GlobalData were:
1) Rede D’Or Sao Luiz $2.6bn acquisition deal with Sul America
2) The $286.88m acquisition of ABN Amro Levensverzekering by Delta Lloyd ABN AMRO Verzekeringen Holding
3) Allianz $226.38m acquisition deal for 72% stake in European Reliance General Insurance Co
4) The $170.53m private equity of SanteVet by Columna Capital
5) Elad Gil,Fidji Simo,General Catalyst Partners,Lightspeed Management Company,Sam Hodges and Spike Lipkin $22m venture financing deal with Nirvana Tech