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Global Insurers Regain M&A Appetite, Towers Watson Reports

In keeping with a larger upward trend, P&C insurers increasingly see value in M&A activities to bolster product portfolios and enable growth.

By Christina Bramlet | Updated on November 26, 2013

Global insurers continue to warm up to mergers and acquisitions (M&A) as a significant component of their overall growth strategies. That’s what Towers Watson concluded after polling hundreds of senior insurance executives about their M&A plans and proclivities in the next few years. Working in conjunction with Mergermarket, the global firm surveyed more than 250 executives representing life, property & casualty (P&C) and composite insurers from around the world.

Of those surveyed, nearly three-quarters—or 73 percent—said their companies were planning M&A transactions over the next three years. This compares to 44 percent who said their companies completed a transaction in the last three years. Similarly, more than three-quarters—or 77 percent—said they foresee an increase in insurance M&A in the next one to three years.

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