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Davutyan and Klumpes (2008) indicate that business inputs replace labor for both

targets and acquirers in the life insurance sector after mergers and that mergers do not

significantly impact acquirer behavior, which implies that consolidation in the European

markets has had disparate effects on various segments of the insurance industry.

 

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Davutyan and Klumpes (2008) indicate that business inputs replace labor for both targets and acquirers in the life insurance sector after mergers and that mergers do not significantly impact acquirer behavior, which implies consolidation in the European markets have had disparate effects on various segments of the insurance industry.

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