Free Trial Corporate Access
Reactions - Financial Intelligence for the Global Insurance Market
Reactions Copying and distributing are prohibited without permission of the publisher

Top insurance-related M&A deals in January

10 February 2012

Data: Insurance-related mergers and acquisitions were down in January, but some notable deals were still done, including the sale of Poland’s second-largest insurer and a quarter of Thai Re being acquired.

Read more: talanx thai re fairfax aviva metlife

The value of insurance-related mergers and acquisitions deals dropped sharply in January compared to the same month in 2011. The 50 deals last month represented a total deal value of $1.713bn, down from the 71 deals worth $$6.035bn in January 2011, according to data provided by Dealogic.

The January 2012 figure was also greatly down on the previous month, with 74 deals worth $9.096bn announced in December 2011.

The two biggest deals last month came from the same source. KBC reached an agreement with Talanx International for the sale of 100% of its Polish insurance subsidiary Tuir Warta for a total consideration of Eu770m ($992m). Warta is Poland’s second largest insurer, with PLN3.6bn (Eu800m) of gross written premiums in the...


  

   
May 2016 
In this month's Reactions
 Gulf of Mexico
 Political risk focus
 Terrorism risk high
 QBE CEO interview


Click here to view this issue


For more catastrophe reports, data and news, click through to the RMS/Reactions Catastrophe Centre.