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Instant Insights / The Business of Insurance

What's happening in insurance today? From market changes and M&A activity to new coverages, the insurance industry is ever-evolving. To stay up-to-date on the business, these articles, which are updated regularly, will help insurance professionals maintain a competitive edge.

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Insurance M&A trends in the first quarter of 2020

Insurance mergers and acquisitions started strong in 2020 but quickly cooled with the onset of COVID-19, says MarshBerry.

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After a strong start to the year, insurance merger and acquisition (M&A) activity in first-quarter 2020 quickly cooled with the onset of the coronavirus pandemic, says a new report from MarshBerry.

At the start of the year, buyers were well-capitalized and eager for deals. However, many transactions that were planned to close in early April or May have now been pushed back 30-90 days, mostly due to logistics of confirmatory financial and legal due diligence, MarshBerry explains.

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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].

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