Perspectives on Consolidation in Insurance: ‘The Inside View’

Article from the 2016 Special Issue of the Insurance and Finance Newsletter
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Special Issue January 2016

Perspectives on Consolidation in Insurance: ‘The Inside View’ by Greg Taylor with Hugh Underwood

The insurance industry has recently been undergoing unprecedented consolidation. Capital availability, the pressures of mounting competition and the desire to attain greater scale, among other factors, resulted in more merger and acquisition activity in the global insurance industry in 2015 than in any previous year. Much has already been written and talked about the macro drivers of these trends and so, instead, this paper will offer perspectives with a different focus—we’d like to share a ‘practitioner’s account’ of acquisition integration from a vantage point inside one of the world’s largest life insurers.