|Van Ostrand, Leigh A|
Global M&A trends will continue this year as regulatory and economic conditions drive insurance deals.
Corporate mergers and acquisitions had an important impact on the global insurance market in 2012.
These transactions took place against a backdrop of regulatory changes, continuing low interest rates, distress in
This M&A activity was coupled with other transactions across the capital spectrum, including reinsurance and capital markets transactions, as insurance companies sought to manage their own capital needs in the most efficient and effective manner possible.
Financial institutions that received government assistance during the crisis divested assets in an effort to repay government loans. Examples abound. In
AIG also spun off its Asian life insurance business, AIA, in
AIG said in
The U.S. government has recouped its entire investment in AIG at a profit. In
In addition to AIG,
Since this announcement,
Repayment of government aid has also driven recent M&A activity in