Global insurance mergers and acquisitions (M&A) activity saw a 10-year high in 2022, though a marked downturn in H2 as economic pressures began to impact investor sentiment has left the outlook for 2023 somewhat mixed, says global law firm Clyde & Co.
There were a total of 449 completed M&A worldwide in the insurance sector in 2022, up from 418 in 2021. The marked downturn in H2 saw 207 deals completed, compared to 242 in H1.
