Insurance Underwriter, Broker Merger Activity Up 20%: SNL

June 26, 2014

Year-to-date through June 20, the insurance mergers and acquisitions (M&A) market witnessed 160 deal announcements, compared to 134 deals over the same period of 2013 — an increase of roughly 20 percent, according to SNL Financial.

SNL said 34 insurance underwriter deals were announced year-to-date through June 20, while the insurance broker sector saw 126 deal announcements.

The 2014 first quarter saw 100 insurance deals announced, compared to 72 deals in the year-ago period. In the second quarter through June 20, there were 60 deals, slightly lower than 62 deals announced over the same period of 2013.

The 34 insurance underwriter deals announced year-to-date through June 20 have a collective deal value of $10.65 billion. While deal volume in this sector is down significantly so far in 2014 compared to the year-ago period, which saw 46 insurance underwriter deals, aggregate deal value is up roughly 140 percent year-over-year through June 20. The managed care and life and health sectors have seen six and eight deals, respectively, announced so far in 2014.  The property/casualty sector saw a total of 20 deals in 2014, through June 20.

SNL 2014 First Half M&A Deals

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Latest Comments

  • June 27, 2014 at 1:31 pm
    SWFL Agent says:
    I don't know. It doesn't address how many opened in the same time period. Plus, how would this differ from other industries?
  • June 27, 2014 at 10:02 am
    james says:
    It's very sad to see independents being forced to sell because they can't compete with the conglomerates.
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