Insurance CEOs are becoming much more strategic about their inorganic investments.

While the pace of deal-making in the insurance sector may have slowed when compared than 100 insurance CEOs indicates that appetite for inorganic growth remains high.

Almost half of all insurance CEOs - 45 percent - say they expect to undertake a merger with another firm in the next three years. Around four out of 10 say they will either buy or sell a business, asset or capability set from (or to) another firm. Half of the CEOs we surveyed believe inorganic growth will be key to achieving their growth strategies.

Why, then, has this not translated into a flurry of deal making and consolidation across the sector? In large part, it is because insurance CEOs have become much more strategic about their investments.

Getting strategic about inorganic growth: Insurance CEOs speak