In this report, we analyse recent life and health insurance transaction activity across the globe, focusing on Europe, Asia, and North America. Before giving an outlook for M&A in 2022 and beyond, we cover the key announced transactions in 2021. For key markets under each region, we provide an analysis of:
- The level of activity in 2021 versus previous years
- Transaction drivers, including the impacts of the COVID-19 pandemic
- M&A themes and trends
- Private equity and private asset manager involvement in life and health M&A in 2021