Deloitte believes that the merger and acquisition market will continue to grow in the insurance industry throughout 2015.
In its
2015 Insurance M&A Outlook Deloitte stresses that mergers and acquisitions will live up to the strong pace put up through 2014 as the market continues to consolidate.
Deloitte looks at the climate surrounding mergers and acquisitions over the past two years and concludes that the practice will continue to grow throughout the coming year.
“We believe that 2015 will see continuing acceleration of activity in the insurance M&A market, building upon the growth experienced from 2013 to 2014,” the report notes.
“There is clear evidence to suggest that momentum will continue to build in 2015, with activity gaining traction as the year progresses.
“Yet, this does not mean that 2015 will be without challenges. Europe’s economy remains on shaky ground; numerous regions are experiencing geopolitical turmoil; the regulatory landscape for insurance is likely to remain in flux – any number of developments could rattle the market and put a damper on M&A.”
The beginning of 2015 has already seen acquisitions at the forefront of the market, with the
Steadfast purchase of QBE’s agency business heading the list.
