Insurance M&A activity slows in second half of 2022

Mergers and handshake - city concept

Insurance merger and acquisition deal activity slowed significantly in 2022, hitting the lowest volume since 2019, according to an S&P Global Market Intelligence analysis.

While 2021 was a particularly active year for insurance broker deals, with 1150 mergers and acquisitions announced over the course of the year, 2022 saw much lower activity, with just 685 by the end

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Direct Line accepts £3.6bn bid from Aviva

Direct Line Group has this morning confirmed it has reached a “preliminary agreement” on the financial terms of a potential acquisition of the entire share capital of Direct Line by Aviva.

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