The insurance industry is an evolving landscape. The emergence
of new technologies and increased competition has created pressure
to innovate while casting doubt on the viability of focusing on
strategies emphasizing organic growth. These factors may drive an
increase in M&A activity in the insurance industry, according
to a report from KPMG International.
The report, which is based on interviews with insurance
executives from around the world, concludes that the majority of
insurance companies are seeking M&A opportunities in an effort
to deploy their capital in pursuit of transformative growth.
However, these companies will likely require significant support
from M&A advisors to achieve their goals. While 81% of insurers
interviewed intend to seek acquisitions in the next three years,
only 10% consider it extremely likely that they will find an ideal
target. Further, many insurers seemed less than confident in their
ability to source deals and evaluate the strategic
