The value of mergers and acquisitions (M&A) within the insurance sector globally dropped to its lowest level in 2012 since 2004, according to figures from industry data provider Dealogic. But the total number of deals done remained healthy suggesting a depression in valuations in the industry.
The total value for global insurance M&A for 2012 was approximately $55 billion. This compares with $68 billion in 2011 and $141 billion in 2010. The last time this value was lower was in 2004 when the value of deals totalled approximately $33 billion.