Wednesday 3 December 2014

A.M. Best Special Report: Asia-Pacific Mergers and Acquisitions Seen as More Balanced, Driven by Value Creation



KUALA LUMPUR, Dec 3 (Bernama) -- The Asia-Pacific region has been a popular destination for mergers and acquisitions (M&As), driven by top-line growth prospects for many still-developing markets with low insurance penetration, according to a Best's Special Report titled, "Asia-Pacific Mergers and Acquisitions Seen as More Balanced, Driven by Value Creation." At the same time, a host of insurers in the region's advanced markets, with a need for diversification, have looked outside the region after gaining a good foothold in domestic markets.

The momentum of Asia-Pacific M&As continues to build, reflecting changes in local, regional and international underlying market fundamentals since the global financial crisis. A few sizable acquisitions were driven by some Western companies that had been negatively affected by the financial crisis and therefore needed to focus on core markets or lines of business by exiting Asia.

For the full text, click here.

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