Total insurance industry merger and acquisition (M&A) deals in December 2019 worth $12.92 billion were announced globally, according to GlobalData’s deals database.
The value marked an increase of 470.5% over the previous month and a rise of 336.3% when compared with the last 12-month average, which stood at $2.96 billion.
Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $8.27 billion. At the country level, the U.S. topped the list in terms of deal value at $8.27 billion.