Carrier multiples pressured by non-core sales, reserving issues: Deloitte
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Carrier multiples pressured by non-core sales, reserving issues: Deloitte

PE and international players could be drivers of P&C carrier M&A activity in the future.

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In recent years, as (re)insurers focused on organic growth amid a hard market and high interest rates sent investment income up, M&A deals have been driven by the sale of non-core operations, Deloitte executives said.

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