M&As on the rise in the insurance industry

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<abstract displayLabel="Summary">Many experts predict that 2016 will be another active year for global insurance industry mergers and acquisitions. The companies fueling this activity view these deals as a powerful means for growth, especially since organic growth in a continuing soft market cycle is extremely difficult. A number of property/casualty insurers also have a desire to acquire companies with enhanced technology platforms in order to increase their distribution capacity and gain specialized expertise in areas such as data analytics, telematics, exposure aggregation management, technical underwriting and modeling. M&A has been shown to provide a fast way to improve in-house capabilities, while keeping new market entrants at bay.</abstract>
<note type="statement of responsibility">Jim Rice</note>
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<title>Risk Management Magazine</title>
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<publisher>New York : Risk and Insurance Management Society, 1982-</publisher>
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<identifier type="issn">0035-5593</identifier>
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<text>04/01/2016 Volumen 63 Número 1-2 - enero 2016 , p. 10-11</text>
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