Europe’s insurance industry saw a drop of 5.9% in overall deal activity during Q2 2019, when compared to the four-quarter average, according to GlobalData’s deals database.
- Embed this chart
Embed this chart into your website
Copy and paste the code below into your website to display the chart.
A total of 64 deals worth $3.45bn were announced for the region during Q2 2019, against the last four-quarter average of 68 deals.
Of all the deal types, M&A saw most activity in Q2 2019 with 40, representing a 62.5% share for the region.
In second place was venture financing with 13 deals, followed by private equity deals with 11 transactions, respectively capturing a 20.3% and 17.2% share of the overall deal activity for the quarter.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn terms of value of deals, M&A was the leading category in Europe’s insurance industry with $3.23bn, while private equity and venture financing deals totalled $118.09m and $103.74m, respectively.
Europe insurance industry deals in Q2 2019: Top deals
The top five insurance deals accounted for 90.2% of the overall value during Q2 2019.
The combined value of the top five insurance deals stood at $3.11bn, against the overall value of $3.45bn recorded for the quarter. The top announced insurance deal tracked by GlobalData in Q2 2019 was Banco Santander’s $1.06bn acquisition of Allianz Popular.
In second place was the $729.42m acquisition of Liverpool Victoria General Insurance Group by Allianz (UK) and in third place was Baloise Holding’s $542.29m acquisition of Fidea.
The $468.2m acquisition of Vivat Schadeverzekeringen by NN Group and Allianz’s asset transaction with Legal & General Group for $305.4m held fourth and fifth positions, respectively.
Verdict deals analysis methodology
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.
GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.
More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.