| U.S. Insurance-Related Mergers And Acquisitions, 2010-2019 (1) |
($ millions)
|
| |
Underwriting mergers and acquisitions |
| |
Property/casualty |
Life/annuity |
Health/managed care |
| Year |
Number of
transactions |
Transaction
values |
Number of
transactions |
Transaction
values |
Number of
transactions |
Transaction
values |
| 2010 |
63 |
$6,452 |
20 |
$23,848 |
15 |
$692 |
| 2011 |
79 |
12,796 |
33 |
3,058 |
24 |
4,703 |
| 2012 |
46 |
4,826 |
21 |
6,057 |
26 |
18,520 |
| 2013 |
41 |
4,393 |
18 |
3,298 |
15 |
33 |
| 2014 |
53 |
6,723 |
11 |
7,978 |
15 |
864 |
| 2015 |
35 |
39,970 |
18 |
10,228 |
21 |
9,603 |
| 2016 |
38 |
10,665 |
13 |
2,700 |
12 |
1,078 |
| 2017 |
38 |
7,404 |
19 |
5,796 |
17 |
75,954 |
| 2018 |
47 |
15,878 |
22 |
6,696 |
8 |
2,516 |
| 2019 |
29 |
8,805 |
20 |
9,235 |
22 |
17,410 |
| |
Distribution and insurance services mergers and acquisitions |
|
|
| |
Distribution |
Insurance services |
Total U.S. mergers
and acquisitions |
| Year |
Number of
transactions |
Transaction
values |
Number of
transactions |
Transaction
values |
Number of
transactions |
Transaction
values |
| 2010 |
244 |
$1,727 |
97 |
$13,823 |
439 |
$46,542 |
| 2011 |
350 |
2,271 |
104 |
31,892 |
590 |
54,720 |
| 2012 |
345 |
4,225 |
62 |
9,673 |
479 |
43,301 |
| 2013 |
323 |
8,246 |
57 |
3,349 |
454 |
19,319 |
| 2014 |
387 |
2,581 |
79 |
19,390 |
545 |
37,536 |
| 2015 |
472 |
18,695 |
88 |
22,905 |
634 |
101,401 |
| 2016 |
450 |
4,204 |
77 |
3,461 |
590 |
22,108 |
| 2017 |
564 |
6,594 |
74 |
10,645 |
712 |
106,393 |
| 2018 |
612 |
7,085 |
79 |
68,304 |
768 |
100,479 |
| 2019 |
682 |
2,389 |
72 |
3,669 |
825 |
41,508 |
(1) Components may not add to totals due to rounding. Includes transactions where a U.S. company was the acquirer and/or the target.
Source: ©2020 Conning, Inc., 2020: Global Property Casualty Insurance M&A in 2019 - Distribution Dominates; Global Life & Health Insurance M&A in 2019: The Quest for Growth Continues. Used with permission. |
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