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After a historic slowdown in 2024, M&A activity in the insurance sector largely stabilized in 2025.
A total of 211 transactions were completed over the past year, compared to 204 in 2024.
M&A activity trends by region
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| Region | 2024 | 2025 |
| Worldwide | 204 | 211 |
| Americas | 92 | 77 |
| Europe | 56 | 57 |
| Asia-Pacific | 39 | 58 |
| Middle East and Africa | 17 | 15 |
| Unspecified region | - | 4 |
