According to GlobalData, just five M&A deals were completed in the U.S. insurance industry in Q3 2019. (Photo: Shutterstock)

Merger and acquisition (M&A) deals in the U.S. insurance sector increased by 51.2% in Q3 2019 over the previous quarter, says data from GlobalData. In total, the industry's global deals were valued at $4.17 billion, with the U.S. market accounting for the lion's share with 121 recorded transactions in Q3 — 4.3% more than the previous four-quarter average.

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].