b'February 2021Our Global Insurance Industry Year in Review is now in its ninth year. In this report, we discuss developments and trends in insurance industry transactions over the past year, with a particular focus on mergers and acquisitions, corporate finance, the insurance-linked securities and convergence markets, and tax and regulatory developments.It would be an understatement to say that 2020 was an unprecedented year. The uncertainties created by the pandemic challenged all of us in numerous ways. We hope all of you and your families have remained healthy and safe. Mayer Brown is sincerely grateful for our clients whom we were able to support during the past year, and we look forward to a return to normal.We hope you find this report of interest, and we welcome the opportunity to discuss any of the covered developments or topics further. For more on our market-leading Global Insurance Industry Group, please visit mayerbrown.com'