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$4.61 billion in insurance industry deals were announced globally, according to GlobalData’s deals database. (Photo: Shutterstock)

In the first half of 2019, insurance industry merger and acquisition (M&A) deals broke records, and according to new data from GlobalData, M&A activity is still in full swing.

In September 2019, 84 global insurance industry deals worth $4.61 billion were announced. The value, however, represents a 17.05% decrease over the previous month, a 20.5% drop from the 12-month average of $5.8 billion, and an 8.7% decline from the 12-month average in terms of the number of deals.

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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