Surge in European insurance sector M&As expected, says Moody’s

Moody’s Investors Service believes a surge in mergers and acquisitions (M&A) and share buybacks could sweep Europe’s insurance sector in 2017, with firms now considering both these options as a way to use surplus capital. This is based on the results of Moody’s annual survey of European insurance sector chief financial officers (CFOs). “With large European insurers reporting solid levels…

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