Life & Financial

When it comes to sorting through the complexities of insurance industry mergers and acquisitions, Milliman offers unparalleled experience. We have been involved in more than three-quarters of the major M&A transactions in the industry over the past decade, representing value in excess of $100 billion.

Deal valuation

With offices throughout the United States and around the globe, Milliman can assemble a cross-disciplinary team to evaluate virtually any merger or acquisition scenario. Our sophisticated financial models are relied upon to deliver accurate projections and valuations of company assets.

Milliman routinely develops actuarial appraisals of target companies both large and small. The breadth of our experience in completed transactions gives us a unique knowledge base of current market pricing and market views of potential transactions. Along with appraisal valuation, our models are frequently used for Purchase GAAP projections, tax valuation, and to analyze risk management alternatives for an acquisition.

Because we never serve as a broker, we are a trusted source of independent analysis on a proposed deal’s valuation, merits and weaknesses.

Insight on trends, integration challenges

As the M&A environment changes, Milliman experts are at the forefront in understanding the implications of new regulations and evolving market conditions. An example: Private-equity firms are increasingly interested in acquiring companies in the industry. We have advised clients on private-equity offers and understand the full ramifications of this type of ownership change.

We're also called upon to help companies manage the complex post-deal integration process. Milliman evaluates companies' competing product offerings and provides critical advice on how to best meld the two organizations’ financial systems, ALM strategies, and investment portfolios.