CEO Highlights Imbalance in M&A Dynamics Between Banks and Insurers

In a recent statement, the CEO of NN Group, David Knibbe, shed light on the ongoing race for mergers and acquisitions (M&A) in the financial sector, pointing towards a significant disparity between the advantages enjoyed by banks over insurance companies. His remarks underscore a growing concern within the insurance industry regarding its competitive position amidst an increasingly aggressive M&A landscape dominated by financial institutions.

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