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U.S. INSURANCE-RELATED MERGERS AND ACQUISITIONS, 2001-2010 (1)

($ millions)

  Property/casualty  Life/annuity  Health/managed care 
Year Number of
transactions		 Transaction
values		 Number of
transactions		 Transaction
values		 Number of
transactions		 Transaction
values
2001 41 $1,249 33 $36,101 23 $3,487
2002 36 486 22 2,796 20 5,158
2003 50 20,353 25 18,533 15 20,353
2004 22 425 17 3,817 26 8,342
2005 49 9,264 21 21,865 22 15,886
2006 48 35,221 23 5,055 20 646
2007 67 13,615 19 5,849 52 9,661
2008 59 16,294 14 382 19 1,691
2009 63 3,507 22 840 18 640
2010 60 6,419 20 23,848 15 692
  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
2001 160 $542 43 $153 300 $41,532
2002 146 689 31 575 255 9,704
2003 118 446 30 240 238 59,925
2004 190 60 37 2,234 292 14,878
2005 180 212 63 3,566 335 50,793
2006 246 944 69 1,156 406 43,022
2007 312 15,205 72 6,087 478 50,417
2008 284 5,812 94 7,256 470 31,435
2009 176 615 41 8,771 320 14,373
2010 243 1,727 98 13,823 436 46,509

(1) Includes transactions where a U.S. company was the acquirer and/or the target.

Source: Conning proprietary database.