|
Region |
First half 2022 |
Second half 2022 |
2022 |
2021 |
|---|---|---|---|---|
|
Americas |
132 |
104 |
236 |
224 |
|
Europe |
67 |
60 |
127 |
125 |
|
APAC |
27 |
33 |
60 |
42 |
|
MENA |
16 |
8 |
24 |
17 |
|
Global |
242 |
207 |
449 |
418 |
As proven above, all areas posted a rise from the corresponding full-year figures in 2021, whereas solely APAC had a better rely within the second half of 2022 in comparison with the numbers within the first half of the yr.
Meanwhile, it was highlighted that the 449 whole was the very best since 2012’s 444. In 2009, the variety of accomplished insurance coverage M&A transactions around the globe was 573.
Commenting, Clyde & Co’s company & advisory group chair Eva-Maria Barbosa stated in an emailed launch: “Despite the return of inflation, and measures from central banks to limit liquidity, offers that have been placed on maintain in the course of the pandemic continued to come back to market in 2022, sustaining the upswing in deal-making that started the earlier yr.
“However, trying forward, underlying traits level to blended investor sentiment. Deal-makers within the Americas and Europe are displaying a heightened sense of warning as they swap to wait-and-see mode within the face of market uncertainty, which is able to doubtless end in a lag in total transaction quantity.
“In contrast, investors in Asia-Pacific were generally slower to regain confidence post-pandemic, but have put that reticence behind them with a consistent and increasing trend of rising deal numbers. The re-opening of China’s borders following lockdown restrictions will only serve to bolster confidence in the region further.”
Meanwhile, of the greater than 400 transactions final yr, 19 have been valued in extra of US$1 billion. These so-called “mega-deals,” whereas fewer in 2022 than within the earlier yr (25), are anticipated to make a comeback in 2023, in line with Clyde & Co, whose report contains a part on uncertainty breeding alternative.
It was famous that insurers who made strategic funding reallocations final yr are actually in a great place to re-deploy capital for acquisitions when the time is correct.
“There remains plenty of capital to be deployed and likely no shortage of M&A targets,” asserted Barbosa. “As investor sentiment improves, ambitious insurers, particularly at the top end of the market – as well as private equity houses – will move to seize these opportunities.”