NU Online News Service, April 26, 3:52 p.m. EDT
Conditions are right for increased merger and acquisition activity by insurers, but firms should remember 2008 and 2009 lessons concerning awareness of subsidiary activities and emphasis on risk management, a Deloitte LLP report said.
The study, titled "Forward Focus," said in 2009 merger activity was down significantly compared to prior years. While companies were available for sale, notes the report, uncertain economic and regulatory environments, in addition to the lack of credit to finance transactions, stymied acquisition activity.
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