NU Online News Service, June 20, 1:52 p.m. EDT

While insurers and non-insurers cite consolidation and strengthening competitive position as the reason for mergers and acquisitions, insurers say they are more successful in carrying out this objective, according to a survey from Towers Watson.

The global professional-services company finds 66 percent of non-insurers and 62 percent of insurers say strengthening their place among the competition was the main reason for their most recent M&A.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.