02-08-2017 01:21 via insuranceinsider.com

Deals in US forecast to accelerate after H1 drop: PwC

The value of mergers and acquisitions in the insurance sector
shrank dramatically in the first half of the year compared with the
last six months of 2016 while an unabated tide of broker deals kept
the number of transactions near the pace set during the previous
period, consulting firm PwC said in recent report.
Deals involving brokers and property/casualty carriers accounted
for about three-quarters of the approximately $10bn in total
announced M&A value in the six months through June, PwC.
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