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Asian insurers look far afield for mergers, acquisitions

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Global law firm DLA Piper L.L.P. has said in a report that Asian insurers are looking for mergers and acquisitions opportunities beyond Asia, reported CFO Innovation Asia.

The report said that the number of outbound M&A deals by Asian insurers totaled $20 billion in the first nine months of 2015. They "are looking at insurance as a global market and the trend is going to continue," said a DLA Piper official.

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