Ivan Dubenko / Shutterstock.com
Uncertainty arising from the status of past deals and Brexit made 2016 pale in comparison to 2015, but most experts are sure this setback is temporary. Intelligent Insurer reports.
In stark contrast to the plethora of mergers and acquisitions witnessed in 2015, which saw big deals such as the XL-Catlin merger and an influx of capital entering the market from Asian reinsurers looking to diversify, mergers and acquisitions (M&A) activity has gone relatively quiet—but many players are convinced that this trend is only temporary, and it will start to pick up as 2016 draws to a close.
Waiting to see how the big deals of last year pan out and the uncertainty surrounding the UK’s decision to leave the EU to die down have arguably both contributed towards the pause, but speaking to specialists in and around the recent Monte Carlo Rendez-Vous provides some reasons as to why this setback is only temporary.
M&A, Brexit, Alex Finn, Greg Carter, Patrick Maeder, Bancassurance, Companhia de Seguros Açoreana, Europe, Arthur Wightman, Solvency II, Martin Davies