News : Asia - M&A Activity Reaches Record Levels with Life Insurance Dominating – PwC
Source: Asia Insurance Review | Jun 2008
Merger and acquisition (M&A) activity involving Asian financial institutions is at unprecedented levels, with financial services M&A deals up from US$68.5 billion in 2006 to US$105.9 billion in 2007, according to figures released by a new PricewaterhouseCoopers (PwC) report, “Going for Growth in Asia: Navigating the Way”. Life insurance was the busiest sector, with 83% of life insurers surveyed as having completed an M&A deal in the past three years.
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