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What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Global | Publication | November 2017
In the Official Gazette No. 41,276 of November 10, 2017, the President of the Republic published Decree No. 3,157 extending for 60 days the term provided by Decree No. 3,074, dated September 11, 2017, and published in the Official Gazette No. 41,233 – reprinted in the Official Gazette No. 41,237 of September 15, 2017 – that declares a “State of Exception and Economic Emergency” in all the national territory due to extraordinary social, economic and political circumstances.
These circumstances affect the nation’s constitutional order, social peace, security, public institutions and citizens, and the National Executive’s adoption of urgent, firm, exceptional and necessary measures is intended to assure citizens of the full enjoyment of their rights and preserve the internal order and timely access to goods, services, food, medicines and other necessities (State of Emergency Decree).
The reasons for extending the State of Emergency Decree include the persistent, extraordinary situation the Venezuelan economy faces and the need for the National Executive to continue protecting Venezuela against the economic war.
The State of Emergency Decree became effective on November 10, 2017.
Publication
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Publication
The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
Publication
On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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