Surplus capital likely to prompt round of mergers and acquisitions

European insurers’ results in 2005 should be as good as those in 2000, but with better underwriting results

Surplus capital likely to prompt round of mergers and acquisitions

Europe's insurers are very likely to engage in a round of mergers and acquisitions this year, according to the French stockbroker Cheuvreux, which is part of the Credit Agricole group.