"The decline is not surprising because the fourth quarter of 2021 was frenetic, with 384 deals. Deal-makers usually take a short-lived breather after busy year-end activities, and seller inventory is shrinking," Steve Germundson, a partner at OPTIS Partners, said in a release. (Credit: wan wei/Shutterstock)
During 2022's first quarter, mergers and acquisitions slowed for property & casualty insurance agencies in North America as M&A activity declined 14%, according to OPTIS Partners, an investment banking and financial consulting firm specializing in the insurance industry.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
