Creating Value in Insurance Mergers and Acquisitions - Softcover

Schertzinger, Andreas

Softcover

ISBN 10: 3834914541 ISBN 13: 9783834914545

Publisher: Gabler Verlag, 2009

Synopsis

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.

About this title

About the Author

Dr. Andreas Schertzinger promovierte bei Prof. Dr. Dirk Schiereck am Stiftungslehrstuhl Bank- und Finanzmanagement der European Business School Oestrich-Winkel. Er ist heute als Unternehmensberater für McKinsey & Company, Inc., New York, tätig.

From the Back Cover

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.

Edition details

• Publisher: Gabler Verlag
• Publication date: 2009
• Language: English
• ISBN 10: 3834914541
• ISBN 13: 9783834914545
• Binding: Paperback
• Number of pages: 366