P/C Mergers Down in 2012 But Private Equity Still Favored Brokers: Conning Amounting to j $4.7 billion

Amounting to just $4.7 billion in aggregate deal value, the 46 merger and acquisition transactions announced in the property/casualty insurance sector in 2012 were near record low levels, according to the latest annual M&A study from Conning.

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