Total insurance industry mergers and acquisition deals in January 2020 hit $1.3 billion according to GlobalData, down 91.3% from the previous month.
In terms of volumes, North America was the top region for insurance M&A deals globally, followed by Europe and then Asia-Pacific.
The top country in terms of M&A deals activity in January 2020 was the US with 39 deals, followed by the UK with eight and Canada with six.
Comparing deals value in different regions globally, Europe held the top position, with total announced deals in the period worth $864.41m.
At the country level, Spain topped the list in terms of deal value at $863.69 million.
The top five insurance industry M&A deals accounted for 99.01% of the overall value during January 2020.
The combined value of the top five insurance M&A deals stood at $1.12bn, against the overall value of $1.13bn recorded for the month.
