US insurance M&A totals US$4.57bn in Q4 2020

Total insurance M&A deals in Q4 2020 worth US$4.57bn were announced in the US -- a decrease of 5.2% over the previous quarter and 5.6% on the last four-quarter average, according to GlobalData.

The US held a 56.6% share of the global insurance industry M&A deal value that totalled US$8.08bn in Q4 2020.

In terms of deal activity, the US recorded 73 deals during Q4 2020, marking a rise of 46% over the previous quarter and a rise of 69.8% over the last four-quarter average.

The top five insurance industry deals of Q4 2020 tracked by GlobalData were Farmers Exchanges and Farmers Group’s US$3.94bn acquisition of MetLife Auto & Home Insurance Agency; the US$370m acquisition of American Access Casualty by Kemper; Aflac’s US$200m acquisition of Trupanion; the US$43m acquisition of EPG Insurance by Assurant; and Kingsway Financial Services’ acquisition of PWI for US$18.67m.

    Share Story:

Recent Stories


Are property insurers ready for timber
The Structural Timber Association is gearing up to help all stakeholders in the construction supply chain to fully appreciate the advantages of building in timber, how to deliver such projects and most importantly to understand and manage the risks.

The changing face of BC and WAR
The working environment has changed quite dramatically for many over the last six months. With social distancing and the rise of homeworking, it is not just how businesses operate that has changed, but also how they recover. In this podcast we discuss some of the challenges created by the quick shift to home working, why the office may not have seen its last days and how the current environment can impact the ability of a business to recover.

Advertisement