What M&A activity in 2023 indicates for deals in 2024

Deal

Data analysis: The number of UK insurance merger and acquisition deals rose from 98 in 2022 to 112 in 2023, but total deal value fell significantly from £5.1bn to £3.3bn year-on-year.

Overall, the UK financial services industry reported 273 deals in 2023, representing a 9% fall from the 301 deals recorded in 2022, data from EY has revealed. 

The total disclosed deal value for

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