Global insurance M&A stabilizes in 2025 as discipline replaces deal fever


The Americas remained the largest M&A market by volume, with 77 deals, although that total was down from 92 in 2024 and well below the 162 recorded in 2023. The region still acts as the primary engine of global insurance dealmaking, central to multinational transactions and private‑equity‑backed consolidation, but activity is now more measured.



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