A number of Mergers and Acquisitions (M&As) between insurance companies have been implemented during 2010 in a bid to strengthen business activities in both mature and emerging markets. These developments have taken place as insurers strive to capture an increase in profitable markets and penetrate new markets to capitalize on shifting global demands.
Asia – particularly China and India – has become pivotal for the insurance industry offsetting lacklustre returns from established markets.
For more on this, read International Insurance News
The article has very well articulated the recent mergers and acquisitions in the insurance industry.
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