M&A in Australia’s insurance sector
Positioned for growth
Factors are aligning to position the Australian insurance sector for increasing levels of merger and acquisition activity.
M&A in Australia's insurance sector
There are a number of factors aligning to position the Australian insurance sector for increasing levels of merger and acquisition (M&A) activity. These include:
- Slowing organic growth opportunities for general insurers
- An assessment by the major banks on whom the natural owners are for life insurance manufacturing versus distribution operations
- The strong competition between intermediaries for limited targets of size
- An environment where the regulator continues to increase capital requirements which indirectly encourages consolidation, particularly at the smaller end of the market.
Some of this parallels significant activity in Asia where the distribution aspects of deals, especially around bancassurance, are driving forces of deal strategy and value. This report explore these themes and more.
2016 Insurance M&A Outlook
This report from Deloitte's US firm highlights the current state of insurance industry M&A, examines key drivers and trends for 2016, and suggests what leading insurance organizations should be doing to identify and capitalise on M&A opportunities as they move forward.