Insurance M&As drop in 2023, but expected to rise again this year
March 10, 2024 by Doug Bailey
Insurance company merger and acquisition deals fell off the table in 2023, hampered by the rising cost of capital and other negative macroeconomic factors. But industry executives, analysts and others say the M&A market will bounce back this year, and most are bracing for announcements of deals they believe are already in the pipeline.
“As increases in interest rates and inflation ease, pent-up activity may drive an upsurge in deals later into 2024,” said a report from Deloitte Financial Services.
Click HERE to read the full story via INN
Originally Posted at InsuranceNewsNet on March 4, 2024 by Doug Bailey.
Categories: Industry Articles