Financial services/Insurance deals insights: Q1 2019

GREG PETERSON | May 28, 2019

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Deal volume among insurance companies surged 35% during the first quarter of 2019 compared with the same period in 2018, even as the total value of deals slumped compared with the first three months of last year. The decline in deal value veils an intense interest in the sector among both private equity firms and publicly-traded companies. Prospective buyers believe they can make big improvements in target companies’ operational costs, underwriting profiles, risk selection, liability matching, and investment yield. Private equity, hedge funds, corporates, and other financial services firms see potentially significant unrealized value in blocks of variable and fixed annuities and long-term care insurance.

Spotlight

Palomar Insurance Corporation

Celebrating over 60 years of service, Palomar Insurance Corporation along with Palomar Plus continue to grow through excellent service to our customers. We serve both domestic and international customers and design insurance packages that fit there financial and risk needs. Our corporate office is located in Montgomery, AL with business offices in Montgomery, AL, Atlanta, GA., Birmingham, AL. and Troy, AL..

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Spotlight

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