UID:
almahu_9949285147002882
Format:
XXIII, 343 p. 91 illus.
,
online resource.
Edition:
1st ed. 2009.
ISBN:
9783834982100
Content:
The fundamental economics of the European insurance industry and specifically the impact of the recent economic crisis on the financial services sector are likely to cause a wave of M&A transactions in the insurance sector. An event study of the previous M&A cycle in the European insurance industry shows that M&A transactions on average achieve short-term value creation. However, there is a significant dispersion among individual transactions and, in the long term, the average M&A transaction destroys value. Andreas Schertzinger identifies determinants of successful transactions, such as transaction timing and diversifying transaction strategy, through a multivariate statistical analysis. Two case studies illustrate success factors specifically related to the conduct of transactions in greater detail.
Note:
Overview of M&A in the European Insurance Industry -- Recent Studies on the Success of Insurance Transactions -- Value Creation by M&A in the European Insurance Industry - an Empirical Investigation -- Case Studies on Value Creation by M&A in the European Insurance Industry.
In:
Springer Nature eBook
Additional Edition:
Printed edition: ISBN 9783834914545
Language:
English
DOI:
10.1007/978-3-8349-8210-0
URL:
https://doi.org/10.1007/978-3-8349-8210-0
