In the European life insurance industry, there were five M&A deals announced in Q3 2024, worth a total value of $1.7bn, according to GlobalData’s Deals Database. The $1.7bn acquisition of Coats Group by Pension Insurance Corporation was the industry’s largest disclosed deal. GlobalData’s Insurance Industry Mergers and Acquisitions Deals by Top Themes in Q3 2024 report helps understand the transformative themes fueling M&A activity in the insurance industry. Buy the report here.
In value terms, M&A activity in Europe increased by 75% in Q3 2024 compared with the previous quarter’s total of $970.1m and rose by 171% as compared to Q3 2023. Related deal volume decreased by 17% in Q3 2024 versus the previous quarter and was 29% lower than in Q3 2023.
The top-ranked financial advisors supporting these M&A deals in Europe in 9M 2024 were Gunner & Co; Jefferies Financial Group; KK Advisory with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Europe in 9M 2024 were White & Case; CMS Legal Services EEIG; Hogan Lovells with 2, 1, 1 deals respectively.
For further understanding of GlobalData's Insurance Industry Mergers And Acquisitions Deals By Top Themes In Q3 2024 – Strategic Intelligence, buy the report here.
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