26 November 2025
Global M&A Intelligence Report 2025 – Insurance Sector Supplement
Global M&A Intelligence Report 2025
Insurance M&A is thriving.
Global deal volume rose 10% year-on-year to 612 transactions, with megadeals returning to increase deal value. Despite regulatory and geopolitical headwinds, insurers continue to pursue M&A which achieves consolidation, digital transformation, and strategic realignment.
Now on our third edition, this insurance supplement to our Global M&A Intelligence Report reveals six trends reshaping the market, and what they mean for your business.
Our global corporate insurance team have provided insights across the following key trends:
Key trends
- Large carriers streamline and stay close to differing core strategies
- A new cycle for Lloyd’s M&A
- Broker consolidation activity continues to be white hot
- MGA/MGU deals reach boiling point
- Changing of the guards in life and a push into pensions
- Segmentation in the non-life legacy market
Webinar: Who has the Golden Compass?
Six trends shaping Insurance M&A in 2025
This webinar brought our report to life, with our global corporate insurance team breaking down six deal-defining trends and their specific implications for Europe, the UK, Asia Pacific, and the US. Which regional markets present the strongest opportunities, and how will these trends affect your deal strategy?
The webinars were held at two convenient times for different time zones.
