Global insurance M&A fell 13% in 2016, says Clyde & Co.

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Total completed deals fell to 387 in 2016, 13% down from the 444 transactions recorded in 2015, according to Clyde & Co’s latest Insurance Growth Report. After a year which had shocks such as the UK vote for Brexit and Donald Trump, the law firm is expecting M&A to increase this year. Andrew Holderness, global head of corporate insurance at Clyde & Co, commented: "Last year didn't match what was, in retrospect, a bumper year in 2015. Market conditions for insurance businesse