--- title: Navigating M&A in the London Market image: https://resources.oxbowpartners.com/hubfs/M%20and%20A%20report%20front%20cover.jpg --- # NAVIGATING M&A IN THE LONDON MARKET The sector has seen an increase in transactions in recent years and our analysis suggests that several Lloyd’s syndicates could be attractive targets. Collectively these represent £11bn GWP, or 20% of the market. They have a weighted average combined operating ratio of 88% and an average compound annual growth rate of 9%. ![M&a report](https://resources.oxbowpartners.com/hs-fs/hubfs/M%26a%20report.png?width=636&height=900&name=M%26a%20report.png "M&a report") ## Download the report --- ![Oxbow Partners Dec 19 -127-2](https://resources.oxbowpartners.com/hs-fs/hubfs/Oxbow%20Partners%20Dec%2019%20-127-2.jpg?width=2785&height=2785&name=Oxbow%20Partners%20Dec%2019%20-127-2.jpg) [**](https://resources.oxbowpartners.com/Copy%20and%20paste%20your%20facebook%20URL%20here) [**](https://resources.oxbowpartners.com/Copy%20and%20paste%20your%20facebook%20URL%20here) [**](https://resources.oxbowpartners.com/Copy%20and%20paste%20your%20Twitter%20link%20here) ### Paul De'Ath ##### Head of Market Intelligence Paul leads the Oxbow Partners Market Intelligence team. Prior to joining Oxbow Partners Paul spent nine years as an equity research analyst covering all aspects of insurance across the UK and Europe. He started his career as an accountant and also spent some time in industry at Standard Life. [**Contact Paul**](mailto:pdeath@oxbowpartners.com) ![Greg - street-1](https://resources.oxbowpartners.com/hs-fs/hubfs/Greg%20-%20street-1.jpg?width=2832&height=2832&name=Greg%20-%20street-1.jpg) [**](https://resources.oxbowpartners.com/Copy%20and%20paste%20your%20facebook%20URL%20here) [**](https://resources.oxbowpartners.com/Copy%20and%20paste%20your%20facebook%20URL%20here) [**](https://resources.oxbowpartners.com/Copy%20and%20paste%20your%20Twitter%20link%20here) ### Greg Brown ##### Partner Greg advises insurers and brokers on strategic transformation topics. His clients include carriers and brokers in the Lloyd’s and London Market as well as US corporate and specialty. Greg is known for his commentary on strategy topics in the London Market including producing leading reports including Enhanced Underwriting and Lloyd’s and London Market CEO Agenda. **[Contact Greg](mailto:gbrown@oxbowpartners.com)** --- ## About us Oxbow Partners is a management consultancy exclusively serving the insurance industry. Our clients include leadership teams at some of the most prominent carriers, brokers, service companies and investors in Europe, the US and Bermuda. Senior executives choose Oxbow Partners when they want a fresh perspective from a high-calibre team of industry specialists that thinks deeply about each client’s unique situation and has a track-record of delivering insight and impact. We work on strategy, operations and technology and often we support clients across all of these areas and make transformations real. We also assist investors with M&A. Our Market Intelligence team offers unique industry analysis and maintains our suite of market models including Magellan (our insurance technology navigator), our UK Market Model, and our Lloyd’s and reinsurance analysis tools. Since 2021 we have [been featured](https://oxbowpartners.com/blog/uks-leading-management-consultancies-2025/) as a leading UK management consulting firm by the Financial Times. In 2023 we became a B Corp, indicating our commitment to balance purpose and profit. ## Contact us     +44 203 947 8620    [info@oxbowpartners.com](mailto:info@oxbowpartners.com)     68 King William Street, London, EC4N 7HR     [Follow us](https://www.linkedin.com/company/10291157)