In stark contrast to the plethora of mergers and acquisitions witnessed in 2015, which saw big deals such as the XL-Catlin merger and an influx of capital entering the market from Asian reinsurers looking to diversify, mergers and acquisitions (M&A) activity has gone relatively quiet—but many players are convinced that this trend is only temporary, and it will start to pick up as 2016 draws to a close.