The insurance industry should expect a sharp increase in merger and acquisition (M&A) activity over the next few years—both in the property & casualty and life insurance markets, according to global professional services company Towers Watson.
|"Despite several global catastrophes over the past 12 months and continued economic volatility, companies will turn their collective attention from internal concerns and increase their focus on M&A," according to Jack Gibson, Towers Watson's managing director, global Mergers and Acquisitions.
