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"The pace and magnitude of insurance dealmaking continued to accelerate in the first half of the year as sellers look to capitalize on the high valuations driven by strong demand for insurance businesses," Mark Friedman, PwC insurance deals leader, said in a statement. (Photo: nespixt/Adobe Stock) “The pace and magnitude of insurance dealmaking continued to accelerate in the first half of the year as sellers look to capitalize on the high valuations driven by strong demand for insurance businesses,” Mark Friedman, PwC insurance deals leader, said in a statement. (Photo: nespixt/Adobe Stock)

Five megadeals in the first half of 2021 are just the beginning of what’s anticipated to be a robust year for mergers and acquisitions (M&A) in the insurance industry.

According to new insights from PwC, 215 insurance deals were announced in the first five months of the year, collectively valued at $24.6 billion.

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