Is the grass getting greener?

The mergers and acquisitions (M&A) market for re/insurance in North America has been subdued since the start of the economic downturn, with activity since then peaking in 2011 when more than 200 deals were completed. Since then, activity has dropped off again with the number of deals averaging around 60 in each half of 2012, 2013 and the first half of 2014, according to figures supplied by Clyde & Co.