While insurance sector M&A has cooled off after a bumper 2015 due to what many players see as over-inflated valuations, soft insurance markets, increasing competition, higher claims and weak investment yields are putting
profitability under pressure, meaning that M&A
remains a possible source of growth according to Credit Suisse.
Furthermore, at a time when tender prices and
profitability remain under extreme
pressure, persistently high materials price inflation is making operating conditions extremely challenging for firms operating throughout the construction industry.