News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Mergers and Acquisitions »
 Deals of the day-Mergers and acquisitions June 14, 2019
 Deals of the day-Mergers and acquisitions June 11, 2019
 Mergers and acquisitions activity saw sharp decline in Jan-Mar quarter: EY India
 Unicorns outpace technology companies in acquisitions
 Next trade-war casualty may be mergers and acquisitions market
 For more successful mergers and acquisitions, play 20 questions
 Deals of the day-Mergers and acquisitions May 30, 2019
 Deals Of The Day-Mergers And Acquisitions May 21, 2019
 Deals of the day-Mergers and acquisitions MAY 20, 2019
 Mergers & Acquisitions in India - Nishith Desai Associates
 Deals of the day-Mergers and acquisitions May 8, 2019

Converging Forces Drive Mergers & Acquisitions for Insurers in CIS Region, Says AM Best Senior Financial Analyst
March, 28th 2019

In this episode of AM BestTV, Valeria Ermakova, senior financial analyst, AM Best, said business costs, bank consolidation and increased regulatory scrutiny have furthered mergers and acquisitions (M&A) among insurers in the Commonwealth of Independent States (CIS). Click on http://www.ambest.com/v.asp?v=cis_english319 to view the entire program.

“Whilst the overall economy in this area has improved compared with prior years when it was affected by low oil prices or Russian sanctions, challenges for the insurance industry still remain”

Tweet this
Ermakova highlighted the volatile operating environment in the CIS and the challenges companies face.

“Whilst the overall economy in this area has improved compared with prior years when it was affected by low oil prices or Russian sanctions, challenges for the insurance industry still remain,” said Ermakova. “Amongst those challenges are limited options on investments, capital markets that are relatively underdeveloped compared with Western economies and insurance companies’ holdings that are often subject to weak credit quality.”

Ermakova also spoke about the M&A trend in recent years and the drivers of this consolidation.

“M&A activity has been particularly apparent in the CIS region in recent years, due to a number of different drivers. First, the typical high costs of acquiring business in the CIS region and relatively high claims inflation have put pressure on the technical results of insurance companies; second, consolidation among the banks that own insurance companies has created more M&A and third, increased regulatory scrutiny has resulted in some companies voluntarily exiting the market. AM Best does expect this trend of market consolidation to continue,” she said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
System Testing Solution Manual Software Testing Solutions Automation Software Testing Solutions System Workflow Testing System Manual Testing

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions