While deal value of 2011 insurance M&A transactions in the United States increased 43 percent to $12.9 billion from $9 billion in 2010, insurers are still plagued with low valuations, according to a new study.
PwC’s “Balancing Uncertainty and Opportunity: 2012 US Financial Services Insights” study reports that insurance M&A activity was relatively flat in 2011 with 310 announced deals compared to 304 in 2010.
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