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Lloyd’s market M&A looks set to continue as focus turns to private equity

13 February 2013

Deloitte, the business advisory firm, believes M&A activity in the Lloyd’s insurance market will continue and the focus will turn to private equity-owned businesses looking for an exit.

Will Geer, insurance director at Deloitte, said:

“The attractions of the Lloyd’s market are as compelling as ever for potential investors. However, given the challenge of entering the Lloyd’s market by the start-up route for many players, the recent M&A trend looks set to continue.

“Four Lloyd’s M&A deals completed in 2012 with an aggregate deal value of approximately £450m. At present, about £3bn of premiums in the market is under private equity ownership, with many investments being more than five years old. A continued uptick in valuations across the market may present a window of opportunity for these investors to exit.”

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About Deloitte
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.

Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTTL and its member firms.

The information contained in this press release is correct at the time of going to press.

Member of Deloitte Touche Tohmatsu Limited.

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