A majority of insurance executives expect that merger activity will move ahead faster for international markets than in the United States, according to a consulting firm survey.
The poll by KPMG in New York found that more than 60 percent of the 65 North American insurance executives surveyed expect consolidation activity to accelerate within their national markets and internationally over the next three years.
Those polled saw nondomestic markets as being more active on the consolidation front, with 17 percent expecting consolidation to accelerate “substantially” in international markets, compared with only 9 percent who said consolidation would accelerate “substantially” in North America.
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