, APAC
179 views
/Tara Winstead from Pexels

Optimism remains despite high rates and M&A uncertainties: Clyde & Co.

Challenges persist from 2023, even on Hong Kong’s new capital regime.

Whilst global deal volumes hit a decade-low in 2023, dipping 22.9% to 346 deals, activity picked up in the latter half of the year. High-interest rates may hinder private equity backing for deals, yet carriers with ample capital are poised to act. 

Despite AI's potential, significant investment awaits full testing and regulatory clarity. Clyde & Co.’s Insurance Growth Report for 2024 analyses M&A trends and organic growth opportunities in the face of geopolitical and macroeconomic challenges. 

The rise of digital assets and cryptocurrencies presents growth avenues for insurers, particularly in covering associated risks like cyber fraud and data theft. Embedded insurance, especially in flight/hotel bookings and retail, emerges as an acquisition and organic growth strategy. 

ALSO READ: Asian insurtech investments to recoil in 2024 – Clyde & Co.

However, challenges persist from 2023 catastrophes affecting property cover affordability, regulatory shifts like Hong Kong's new capital regime, and increased enforcement in the UAE and KSA.

Climate change regulations add complexity, with Australia anticipating expanded litigation against carbon-intensive industries. Regulatory changes, like the EU's MiCA framework and approval of spot ETFs in the US, create new opportunities. 

Despite high-interest rates impacting debt funding costs and claims, there's optimism for M&A growth in 2024 despite macroeconomic uncertainties.

Follow the link s for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

APAC emerges as leader in renewables insurance
RE is projected to account for 45% of global electricity generation by 2030.
Insurance
IFRC-DREF triggers insurance payout after disaster relief demands exceed threshold
The policy provides up to $16.92m in coverage.The International Federation of Red Cross and Red Crescent Societies' Disaster Response Emergency Fund (IFRC-DREF) has triggered its first-ever insurance payout after disaster relief demands exceeded its deductible threshold. 
Insurance