Insurance growth report : mid-year update

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      <subfield code="a">Insurance growth report </subfield>
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      <subfield code="a">The unprecedented events of the first six months of 2020 have thrown up unique challenges for all businesses. Those in the insurance industry are no exception. For many, responding to Covid-19 has meant putting growth ambitions to one side, in order to take stake stock of the impact of the pandemic on operations, claims and investment returns. But as the economy moves towards a state of stability that could be defined as the new normal', opportunities will arise and re/insurance businesses around the world will look at every avenue to generate a positive return for their shareholders. Mergers and acquisitions (M&A) will remain an attractive strategy to deliver growth. In the first half of 2020, completed M&A in the global insurance industry held steady with 201 completed deals worldwide, up from 197 in the second half of 2019. While the outlook for the second half of the year is for a drop off in M&A activity as the effect of the pandemic is seen in the level of completed deals, the stage is set for re/insurance transactions to make a comeback in 2021.</subfield>
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