The global insurance M&A market saw three M&A deals in Q3 2022 with a deal size greater than $1 billion, compared to six such deals in the previous quarter. The insurance sector M&A deals report provides a detailed analysis of M&A deals based on deal volume and value. This report analyzes the themes that have driven M&A activity in Q3 2022 in the insurance sector. The report also offers a comparison on the insurance sector deal activity by volume and value on segments such as cross-border vs domestic and public vs private.
Insurance M&A Activity: Top Themes
The top themes that drove key M&A deals in the insurance sector in Q3 2022 were channel strategy and financial wellness.
Channel Strategy: Safehold is merging with its largest shareholder, iStar, for a tax-free, strategic combination that will make the combined entity the only publicly traded, self-managed pure-play ground lease company.
Financial Wellness: Verso Wealth Management has acquired Glasgow-based Campbell Thomson Insurance Services. This acquisition advances Verso’s strategy to build a market-leading, national wealth management group.
For more insights on the top themes of M&A deals in the insurance sector in Q3 2022 , download a free report sample
M&A Deal Activity in Insurance by Sub-Sectors
The key sub-sectors covered in the insurance industry are non-life insurance, life insurance, distribution channel, accident & healthcare, reinsurance, risk management and services. The non-life insurance sub-sector saw the highest transaction value of among all sub-sectors during Q1-Q3 2022.
Insurance Industry M&A Deals Activity Analysis, by Sub-Sectors
For more insights on the sub-sectors of M&A deals in the insurance sector in Q3 2022 , download a free report sample
M&A Deal Activity in Insurance by Regions
The key regions that drove M&A deal activity in the insurance industry in Q3 2022 were North America, Europe, China, South & Central America, the Middle East & Africa, and the Asia-Pacific, excluding China. All regions reported a decrease in deal value in Q3 2022, compared to the previous quarter.
Insurance Industry M&A Deals Activity Analysis, by Regions
For more regional insights on M&A deals in the insurance sector in Q3 2022 , download a free report sample
Top Insurance Sector M&A Deals
Some of the top M&A deals in the insurance industry in Q3 2022 were as follows:
- Lakeland Bancorp merges with Provident Financial Services
- Safehold merges with iStar
- Government of New Zealand acquires Kiwi Group
Market Report Overview
|Top Themes||Channel Strategy and Financial Wellness|
|Regional Segment||North America, Europe, China, South & Central America, Middle East & Africa and the Asia-Pacific, excluding China|
|Key Segments||Public & Private, Domestic & Cross-border|
|Key Sub-Sectors||Non-Life Insurance, Life Insurance, Distribution Channel, Accident & Healthcare, Reinsurance, Services and Risk Management|
- This report provides an overview of merger and acquisition activity globally in Q3 2022 in the insurance sector
- It identifies the themes driving most notable to deals announced in Q3 2022 in the insurance sector
The global Insurance sector recorded 271 M&A deals worth $12 billion. Deal value dropped exponentially from Q2 2022 to Q3 2022 by 85%, deal volume also decreased by 6% in the same period.
Reasons to Buy
- Companies who invest in the right themes become success stories; those who miss the big themes end up as failures. If you want to understand the themes that drive an industry, simply look at the list of recent mergers and acquisitions (M&A).
- In this report we have listed down the most notable deals in insurance sector to make it easy for our clients to get a view of themes disrupting the sector and prepare for the future.
Government of New Zealand
Verso Wealth Management
Spruce Lake Liability
The Dai-ichi Life Insurance
Mitsui Sumitomo Insurance
Tokio Marine & Nichido Fire Insurance
The Carlyle Group
Grupo Catalana Occidente
Provident Financial Services
Insurance Brands Australia
Transverse Insurance Group
Tokio Marine Newa Insurance
Table of Contents
Review of global insurance M&A deals in Q3 2022
Themes driving global insurance M&A deals in Q3 2022
Appendix 1: Deal selection criteria
Appendix 2: Our thematic research methodology
Frequently Asked Questions
The top two themes that drove insurance M&A activity in Q3 2022 were channel strategy and financial wellness.
The key regions that drove M&A deal activity in the insurance industry in Q3 2022 were North America, Europe, China, South & Central America, the Middle East & Africa, and APAC Ex-China.
The key sub-sectors in the insurance industry are non-life insurance, life insurance, distribution channel, accident & healthcare, reinsurance, risk management and services.
The non-life insurance sub-sector saw the highest transaction value of among all sub-sectors during Q1-Q3 2022.
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