Insurance Post

Blog: Solvency II to fuel further consolidation in 2016

billcooper-lloydsbank

During the last 12 months, insurers have responded to the prevalent commercial, economic and regulatory pressures by stepping up mergers and acquisitions activity, cutting costs and rationalising non-core activities.

UK insurers had their busiest year for mergers and acquisitions since 2007, with more than 60 deals totalling $14.4bn completed, according to figures from Dealogic.

A key driver of deal activity has

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