Current Table

Reported Global Insurance-Related Mergers And Acquisitions By Sector, U.S. And Non-U.S. Acquirers, 2019

 

  Number of transactions Transaction values (1)
($ millions)
Sector U.S. (2) Non-U.S. (3) Total U.S. (2) Non-U.S. (3) Total
Underwriting            
   Property/casualty 29 69 98 $8,805 $7,316 $16,121
   Life/annuity 20 41 61 9,235 4,980 14,215
   Health/managed care 22 12 34 17,410 2,109 19,519
Total 71 122 193 $35,450 $14,405 $49,855
Distribution and services            
   Distribution 682 203 885 $2,389 $171 $2,560
   Services 72 29 101 3,669 0 3,669
Total 754 232 986 $6,058 $171 $6,229
Total, all sectors 825 354 1,179 $41,508 $14,576 $56,084

(1) Components may not add to totals due to rounding.
(2) Includes transactions where a U.S. company was the acquirer and/or the target.
(3) Includes transactions where a non-U.S. company was the acquirer and the target.

Source: ©2020 Conning, Inc., 2020: Global Property Casualty Insurance M&A in 2019 - Distribution Dominates; Global Life & Health Insurance M&A in 2019: The Quest for Growth Continues. Used with permission.

 
REPORTED GLOBAL INSURANCE-RELATED MERGERS AND ACQUISITIONS BY SECTOR, U.S. AND NON-U.S. ACQUIRERS, 2008
   Number of transactions Transaction values ($ millions)    
Sector U.S. Non-U.S. Total U.S. Non-U.S. Total
Property/casualty 45 94 139 $9,166 $21,163 $30,329
Life/annuity 13 55 68 242 5,282 5,524
Health 18 8 26 1,691 580 2,271
Distribution 275 147 422 3,288 6,516 9,804
Services 88 23 111 6,318 1,257 7,575
Total 439 327 766 $20,705 $34,798 $55,503

Source: Conning Research & Consulting, Inc. analysis.

 

 
REPORTED GLOBAL INSURANCE-RELATED MERGERS AND ACQUISITIONS BY SECTOR, U.S. AND NON-U.S. ACQUIRERS, 2009
  Number of transactions Transaction values ($ millions)
Sector U.S. Non-U.S. Total U.S. Non-U.S. Total
Property/casualty 63 95 158 $3,507 $11,464 $14,971
Life/annuity 22 61 83 840 23,594 24,434
Health 18 22 40 640 2,155 2,795
Distribution 176 74 250 615 199 814
Services 41 29 70 8,771 652 9,423
Total 320 281 601 $14,373 $38,066 $52,439

 Source: Conning Research & Consulting, Inc.

 
REPORTED GLOBAL INSURANCE-RELATED MERGERS AND ACQUISITIONS BY SECTOR, U.S. AND NON-U.S. ACQUIRERS, 2010 (1)
  Number of transactions Transaction values ($ millions)
Sector U.S. (2) Non-U.S. (3) Total U.S. (2) Non-U.S. (3) Total
Property/casualty 49 108 157 $3,526 $13,058 $16,584
Life/annuity 15 50 65 22,789 22,326 45,115
Health 14 13 27 561 659 1,220
Distribution 236 114 350 1,662 732 2,394
Services 95 27 122 13,823 52 13,875
Total 409 312 721 $42,360 $36,827 $79,187

(1) Total transaction values may not add due to rounding.
(2) Transactions where a U.S. company was the acquirer.
(3) Transactions where a non-U.S. company was the acquirer.

Source: Conning Research & Consulting, Inc. analysis.

 
REPORTED GLOBAL INSURANCE-RELATED MERGERS AND ACQUISITIONS BY SECTOR, U.S. AND NON-U.S. ACQUIRERS, 2011
  Number of transactions Transaction values ($ millions)
Sector U.S. (1) Non-U.S. (2) Total U.S. (1) Non-U.S. (2) Total
Property/casualty 77 80 157 $12,548 $6,425 $18,973
Life/annuity 34 37 71 3,063 11,813 14,876
Health/managed care 25 8 33 4,703 283 4,986
Distribution 351 112 463 2,608 1,795 4,403
Services 105 35 140 31,892 339 32,231
Total 592 272 864 $54,724 $20,655 $75,379

(1) Includes transactions where a U.S. company was the acquirer and/or the target.
(2) Includes transactions where a non-U.S. company was the acquirer and the target.

Source: Conning Research & Consulting, Inc. analysis.

 
REPORTED GLOBAL INSURANCE-RELATED MERGERS AND ACQUISTIONS BY SECTOR, U.S. AND NON-U.S. ACQUIRERS, 2013
  Number of transactions Transaction values ($ millions)
Sector U.S. (1) Non-U.S. (2) Total U.S. (1) Non-U.S. (2) Total
Property/casualty 39 68 107 $4,397 $11,009 $15,406
Life/annuity 18 46 64 3,299 11,321 14,620
Health/managed care 15 5 20 33 319 352
Distribution 317 112 429 8,246 697 8,943
Services 57 18 75 3,349 NA 3,349
Total 446 249 695 $19,300 $23,300 $42,600

(1) Includes transactions where a U.S. company was the acquirer and/or the target.
(2) Includes transactions where a non-U.S. company was the acquirer and the target.

NA=Data not available.

Source: Conning Research & Consulting, Inc. analysis.

 
REPORTED GLOBAL INSURANCE-RELATED MERGERS AND ACQUISTIONS BY SECTOR, U.S. AND NON-U.S. ACQUIRERS, 2014
  Number of transactions Transaction values ($ millions)
Sector U.S. (1) Non-U.S. (2) Total U.S. (1) Non-U.S. (2) Total
Underwriting            
   Property/casualty 51 66 117 $6,723 $10,250 $16,973
   Life/annuity 10 22 32 7,978 17,823 25,801
   Health/managed care 15 4 19 864 202 1,066
Distribution and services            
   Distribution 349 112 461 2,581 773 3,354
   Services 79 14 93 19,390 458 19,848
Total 504 218 722 $37,536 $29,506 $67,042

(1) Includes transactions where a U.S. company was the acquirer and/or the target.
(2) Includes transactions where a non-U.S. company was the acquirer and the target.

Source: Conning Research & Consulting, Inc. analysis.

 
Reported Global Insurance-Related Mergers And Acquisitions By Sector, U.S. And Non-U.S. Acquirers, 2015

 

  Number of transactions Transaction values ($ millions)
Sector U.S. (1) Non-U.S. (2) Total U.S. (1) Non-U.S. (2) Total
Underwriting            
   Property/casualty 36 59 95 $39,607 $23,364 $62,971
   Life/annuity 17 40 57 11,798 18,857 30,655
   Health/managed care 22 3 25 100,832 16 100,848
Total 75 102 177 $152,237 $42,237 $194,474
Distribution and services            
   Distribution 401 107 508 18,695 1,020 19,715
   Services 88 17 105 22,905 735 23,640
Total 489 124 613 41,600 1,755 43,355
Total, all sectors 564 232 (3) 796 $193,837 $44,400 (3) $238,237

(1) Includes transactions where a U.S. company was the acquirer and/or the target.
(2) Includes transactions where a non-U.S. company was the acquirer and the target.
(3) Includes six transactions for multiline companies not noted in the chart.

Source: Conning Research & Consulting Inc. analysis.

 
Reported Global Insurance-Related Mergers And Acquisitions By Sector, U.S. And Non-U.S. Acquirers, 2016 (1)

 

  Number of transactions Transaction values (1)
($ millions)
Sector U.S. (2) Non-U.S. (3) Total U.S. (2) Non-U.S. (3) Total
Underwriting            
   Property/casualty 39 67 106 $8,498.0 $16,530.0 $25,029.0
   Life/annuity 13 30 43 2,700.0 4,631.0 7,331.0
   Health/managed care 13 3 16 1,078.0 21.0 1,099.0
Total 65 100 165 $12,276.0 $21,182.0 $33,459.0
Distribution and services            
   Distribution 358 100 458 4,204.0 478.0 4,682.0
   Services 77 14 91 3,461.0 983.0 4,444.0
Total 435 114 549 $7,665.0 $1,461.0 $9,126.0
Total, all sectors 500 216 714 $19,900.0 $22,600.0 $42,600.0

(1) Components may not add to totals due to rounding.
(2) Includes transactions where a U.S. company was the acquirer and/or the target.
(3) Includes transactions where a non-U.S. company was the acquirer and the target.

Source: Conning Research & Consulting, Inc. analysis.

 
Reported Global Insurance-Related Mergers And Acquisitions By Sector, U.S. And Non-U.S. Acquirers, 2017
  Number of transactions Transaction values (1)
($ millions)
Sector U.S. (2) Non-U.S. (3) Total U.S. (2) Non-U.S. (3) Total
Underwriting            
   Property/casualty 38 53 91 $8,063 $8,343 $16,407
   Life/annuity 21 29 50 5,796 10,411 16,207
   Health/managed care 17 1 18 75,954 20 75,974
Total 76 83 159 $89,813 $18,774 $108,588
Distribution and services            
   Distribution 565 129 694 6,594 1,048 7,642
   Services 74 22 96 10,645 111 10,756
Total 639 151 790 $17,239 $1,159 $18,398
Total, all sectors 715 234 949 $107,052 $19,933 $126,986

(1) Components may not add to totals due to rounding.
(2) Includes transactions where a U.S. company was the acquirer and/or the target.
(3) Includes transactions where a non-U.S. company was the acquirer and the target.

Source: Conning Research & Consulting, Inc. analysis.

 
Reported Global Insurance-Related Mergers And Acquisitions By Sector, U.S. And Non-U.S. Acquirers, 2018

 

  Number of transactions Transaction values (1)
($ millions)
Sector U.S. (2) Non-U.S. (3) Total U.S. (2) Non-U.S. (3) Total
Underwriting            
     Property/casualty 47 58 105 $17,068 $24,878 $41,946
     Life/annuity 23 48 71 6,696 21,627 28,979
     Health/managed care 8 5 13 2,516 292 2,808
Total 78 111 189 $26,280 $46,797 $73,733
Distribution and services            
     Distribution 614 134 748 $7,085 $332 $7,417
     Services 79 20 99 68,304 292 68,596
Total 693 154 847 $75,389 $624 $76,013
Total, all sectors 771 265 1,036 $101,669 $47,421 $149,746

(1) Components may not add to totals due to rounding.
(2) Includes transactions where a U.S. company was the acquirer and/or the target.
(3) Includes transactions where a non-U.S. company was the acquirer and the target.

Source: ©2019 Conning, Inc., 2019: Global Insurer Mergers & Acquisitions in 2018 - Focusing on the Core; ©2019 Conning, Inc., 2019: Global Insurance Distribution & Services Sector Mergers & Acquisitions in 2018 - Full Steam Ahead. Used with permission.