No Sign Of M&A Activity Slowing Down, NAILBA CEO Says
December 21, 2021 by Doug Bailey
Despite a raging pandemic, supply chain disruptions and labor shortages, merger and acquisition deals for most insurance sectors have increased in the last 12 months. Or perhaps the pace has quickened because of those negative factors roiling the businesses.
Either way, say industry experts, disruptive impacts have been far less substantial for insurance than for other financial services sectors. The M&A division of The Insurance Journal, for example, lists more than 15 mergers and acquisitions in just the month of December alone, an amount that has surprised industry executives when considering last year’s consolidation activity was up an unexpected 8%.
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