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After a year as challenging as 2020, insurance professionals and insureds looking at 2021 with a positive outlook. But that doesn’t mean they are resting on their laurels. Now is the time for agents, brokers, and insurers to strategize for the months ahead. These articles provide insights into the insurance and risk management trends to keep top-of-mind this year.
“After a year during which the U.S. insurance industry has had to grapple with the global pandemic, the severe economic downturn and other factors such as political uncertainty, insurance deal activity in 2021 will be robust due to several factors,” said Clyde & Co.’s Vikram Sidhu, partner, and Jared Wilner, senior counsel. (Photo: Shutterstock)The COVID-19 pandemic and resulting economic fallout have done little to damper insurance mergers & acquisition (M&A) activity in 2020, according to a new analysis from S&P Global Market Intelligence.
The market intelligence platform projects the aggregate full-year deal value for insurance carrier transactions involving buyers or targets in the U.S. or Bermuda this year will slightly exceed that in 2019.
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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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