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Mergers and acquisitions in the insurance industry have been on the rise in the last two years and the indications are this is likely to continue through 2022 and beyond.
Total deal volume across underwriters and brokers was up by 40% year over year through the end of 2021, while the aggregate deal value increased 165% from $21.6 billion in 2020 to $57.5 billion in 2021, according to Deloitte's 2023 Insurance Outlook report.
Read our roundup for a look at some recent developments in the M&A space.