Blog: Solvency II to fuel further consolidation in 2016
During the last 12 months, insurers have responded to the prevalent commercial, economic and regulatory pressures by stepping up mergers and acquisitions activity, cutting costs and rationalising non-core activities.
UK insurers had their busiest year for mergers and acquisitions since 2007, with more than 60 deals totalling $14.4bn completed, according to figures from Dealogic.
A key driver of deal activity has
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