A report produced by Clyde & Co shows that mergers & acquisitions in the insurance sector totalled 204 in 2024, marking a 41% decline over one year.
In 2024, these deals reached their lowest level since Clyde & Co's report was first published in 2009.
Persistently high interest rates, geopolitical instability and regulatory requirements have reduced market players' interest in this type of transaction.
Insurance: evolution of M&A activity by region
| Region | 2024 | 2023 | Evolution |
|---|---|---|---|
| World | 204 | 346 | -41% |
| The Americas | 92 | 162 | -43.2% |
| United Kingdom and Europe | 56 | 117 | -52.1% |
| Asia Pacific | 39 | 52 | -25% |
| Middle East and Africa | 17 | 15 | +13.3% |





