Global insurance M&A deals touch record euro 106 bn - Netherlands No 1 M& A deals in Europe
Global insurance M&A volume has reached euro 106 billion in 2008 year-to-date, up 34 per cent from the year-ago period," global deal tracking firm Dealogic said, adding that this is the "highest volume on record".
"Strategic activity accounted for 97 per cent of total activity in the industry so far this year, as compared to 83 per cent in 2007," the report added. The Netherlands has emerged as the most active acquirer nation in Europe as insurance deals worth euro 16.18 billion were announced. Insurance related transactions skyrocketed by 212 per cent from 2007.
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