Industry consolidation in the reinsurance market is expected to continue, especially as companies focus on client value and ramp up efforts to cut operational costs, diversify both geographically and by product, and increase market share. But consolidation does not come without challenges.

Merger and acquisition (M&A) activity over the last 15 months have been widespread, according to “Insurance and Reinsurance Market Conditions Set the Scene for Further Takeover Activity,” a special report from A.M. Best, a global credit rating agency with a unique focus on the insurance industry. The report says reinsurers increasingly are looking for ways to “deploy capital and create scale against a backdrop of ongoing soft market conditions and weak investment returns,” and that consolidation offers create opportunities to provide value to clients.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access