Sharing deal insight - pwc

As insurers look to offset stalling growth in
mature home markets, there is likely to be
renewed focus on the relatively underpenetrated
South Eastern European markets.
Editorial eye
While it may be some time before we see a return to the pre-crisis
M&A levels in the European insurance industry, deal appetite is
returning. The strong underlying rationale for consolidation can
only increase in Western European markets that are fragmented
and struggling to sustain growth. In turn, a greater meeting of
minds between buyers and sellers on pricing is helping to bring
more acquisitions to fruition. However, investors will have no
hesitation about pulling the plug on any deal they believe is
over-priced. They also want assurance that the target’s risks
and the balance sheet impact are understood and factored into
the bid.
PwC Sharing deal insight 13